Loop Capital analyst Lynne Collier kept her Hold rating and $50 price target on Brinker after its Q2 results, saying that while it beat on the top line, in-line earnings were supported by a lower tax rate and margins were below her projections. The analyst warns that the "flow-through" beyond Q2 is likely to be muted as the guidance implies reduced demand, adding that investors are also concerned about comps' sustainability, particularly as Chili's laps its "3 for $10" promotion this summer. Collier believes that Brinker shares will be "range bound over coming months".