Friedman Billings Upgrades The Pantry (PTRY) to Outperform
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Friedman Billings upgrades The Pantry (Nasdaq: PTRY) from Market Perform to Outperform, citing attractive valuation. Price target $13.50.
The Pantry, Inc. (The Pantry or Pantry) operates an independently operated convenience store chain in the southeastern United States. As of September 27, 2007, Pantry operated 1,644 stores in 11 states under a number of selected banners including Kangaroo Express, its primary operating banner.
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