Fly News Breaks for November 19, 2015
EAT
Nov 19, 2015 | 06:12 EDT
Goldman analyst Karen Holthouse downgraded Brinker to Neutral and lowered her price target to $51 from $59 on shares. Holthouse sees risks to both traffic and check in casual dining and sees risks to a macro deterioration in Texas. The analyst sees challenges with the loyalty program as the company increases incentives for the incremental user and pulls back the base offer.
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