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Fly News Breaks for November 7, 2019
BLMN
Nov 7, 2019 | 07:45 EDT
JPMorgan analyst John Ivankoe downgraded Bloomin' Brands to Neutral from Overweight with a price target of $25, up from $21. The analyst cites valuation for the downgrade with the stock up 53% from its August 20 trough and 30% year-to-date. He sees limited share upside from current levels.
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