Burger King shares jump 4.5 percent

August 08, 2007

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Shares of Burger King Holdings ( BKC) rose 4.5 percent, the most in about six months.

Glen Petraglia, a Citigroup Investment Research analyst, upgraded the stock to ''buy'' from ''hold'' and said it could reach $28 a share. Shares closed at $25.54, up $1.09.

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Burger King
The BURGER KING® system operates more than 11,100 restaurants in all 50 US States and in more than 65 countries worldwide. Approximately 90 percent of their restaurants are owned and operated by independent franchisees

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