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RBC Capital Cuts Price Target on Weaker Sales Outlook for Brinker International (EAT)

October 21, 2015 7:31 AM EDT

RBC Capital maintained a Sector Perform rating on Brinker Int'l (NYSE: EAT), and cut the price target to $52.00 (from $58.00), following the company's 1Q16 earnings results.

Analyst David Palmer commented, "We are lowering our price target and estimates to reflect a weaker sales outlook for... More