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Arcos Dorados Holdings (ARCO) Looks Good: Stock Up 9%

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Arcos Dorados Holdings Inc. ClaARCO was a big mover last session, as the company saw its shares rise almost 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company - as the stock is now down 20% in the past one-month time frame.

The company has seen no estimate revision over the past 30 days, while the Zacks Consensus Estimate remained unchanged. Friday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Arcos Dorados currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.

Another well-ranked stock in the same space is Bob Evans Farms, Inc. BOBE sporting the same Zacks Rank as Arcos Dorados.

Is ARCO going up? Or down? Predict to see what others think: Up or Down

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BOB EVANS FARMS (BOBE): Free Stock Analysis Report

ARCOS DORADOS-A (ARCO): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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