Shares of Canadian coffee shop chain Tim Hortons brewed a fresh 52-week high of $40.09 on Monday, before closing the day at $39.71.
Tim Hortons booked a 9.8% jump in revenue and a 20.6% surge in profits, year-over-year, for the recent quarter.
Analysts from Morgan Joseph initiated coverage of Tim Hortons in late September, giving the stock a buy rating.
Despite strong sales and earnings growth,
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