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Fly News Breaks for February 17, 2016
BLMN
Feb 17, 2016 | 12:22 EDT
William Blair analyst Sharon Zackfia downgraded Bloomin' Brands to Market Perform from Outperform after the company reported a domestic comp decline of 2.8% for Q4. A "wait-and-see mode is most appropriate at this juncture" as Bloomin' rolls out multiple initiatives to spur sales, Zackfia tells investors in a post-earnings research note.
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