Monro Muffler (MNRO +2.8%), which is in the midst of an impressive two-day, post-earnings rally...

|About: Monro Muffler Brake, Inc. (MNRO)|By:, SA News Editor

Monro Muffler (MNRO +2.8%), which is in the midst of an impressive two-day, post-earnings rally (now at ~11%), gets a lift from a price target hike to $63 from $45 at Stifel Nicolaus which came away from a management presentation impressed: "Comp is running +3% quarter-to-date and is expected in the +2.5-4.5% range for the full year (well ahead of our -1% expectations), GM will run flat to slightly negative in the year ahead (a little lower than our model), and SG&A leverage will run in the 100-150 bp Y/Y range (ahead of our model)." Stifel also ups its FY14 and FY15 EPS estimates on expectations of a "leverage pop."