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El Pollo Loco upgraded to Buy at Benchmark after Q4 beat

As previously reported, Benchmark upgraded El Pollo Loco (LOCO) to Buy from Hold with a $14 price target Q4 results that beat expectations highlight continued traction with the brand’s transformation playbook, says the analyst, who sees momentum having carried into Q1 with same-store sales through February 25 up 2.4%.

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