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Fly News Breaks for April 11, 2016
BLMN
Apr 11, 2016 | 06:24 EDT
Credit Suisse analyst Jason West upgraded Bloomin' Brands to Outperform saying the current valuation underappreciates the company's potential portfolio optionality, including pending sale-leaseback transactions. The analyst views the valuation as discounted and raised his price target for the shares to $21 from $17.
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