Gilford Securities Reiterates Monro Muffler Brake Hold

Gilford Securities reiterated its Monro Muffler Brake MNRO Hold rating in a research report published today. Gilford Securities has previously given Monro Muffler Brake a $36.50 price target. In the report, Gilford Securities states, "Monro is positioned to benefit from vehicle scheduled maintenance. The company uses its cash flow to purchase tuck-in acquisitions at attractive valuations within its existing geographic footprint." Shares of Monro Muffler Brake were trading at $36.35 at the time of posting, up 1.20% from Friday's market close.