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Piper Jaffray Reiterates UW Rating, $17 PT On EAT
Monday, April 25, 2011 - 7:21am | 126Piper Jaffray is reiterating its Underweight rating and $17 PT on shares of Brinker International Inc. (NYSE: EAT). “March SSS trends (as reported by Knapp Track) were +1.9% for the casual-dining segment, reflecting 0.1% traffic,” Piper Jaffray writes. “We remain encouraged by an improving comp...
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Brinker Remains Underweight
Monday, September 20, 2010 - 8:08am | 65Brinker International, Inc. (NYSE: EAT) is having its Underweight rating and $17 price target reiterated by Piper Jaffray. Piper Jaffray expected earnings of $0.15 EPS for 1Q2011, based on a $662.7M estimate that reflects its 4.0% Chili's SSS projection. Brinker International, Inc. closed Friday at...
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August Causal Dining Trends From Piper Jaffray
Monday, September 20, 2010 - 7:34am | 336Casual dining SSS trends for August were +0.6%, reflecting 1.9% traffic and showing a slight dip +0.9% from July, but according to Piper Jaffray August was still better than 2Q when traffic measures deteriorated. Piper Jaffray sees opportunities in Casual Dining, but prefers limited service and...
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Radiant Systems A Solid Buy
Monday, September 20, 2010 - 6:47am | 125Radiant Systems, Inc. (NASDAQ: RADS) is having coverage initiated with a Buy rating and $22 price target by Jefferies & Co., which played the part of Joint Bookrunner for the company's secondary offering at $17/share on 9/9. According to Jefferies, Radiant has been a market share gainer in...