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UPDATE: J.P. Morgan Downgrades Texas Roadhouse on Fair Valuation
Tuesday, July 16, 2013 - 8:47am | 148In a report published Tuesday, J.P. Morgan analyst John Ivankoe downgraded Texas Roadhouse (NASDAQ: TXRH) from Overweight to Neutral, but raised the price target from $23.00 to $25.00. In the report, J.P. Morgan noted, “We see fair valuation as we believe top-line momentum/outperformance...
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UPDATE: J.P. Morgan Downgrades Brinker Following Model Update
Tuesday, July 16, 2013 - 8:43am | 133In a report published Tuesday, J.P. Morgan analyst John Ivankoe downgraded Brinker (NYSE: EAT) from Overweight to Neutral, but raised the price target from $42.00 to $45.00. In the report, J.P. Morgan noted, “The company has a stated goal of reaching $4.00 in F17 EPS from $1.96 in F12 (mid-...
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UPDATE: J.P. Morgan Downgrades Bloomin' Brands on Mixed Factors
Tuesday, July 16, 2013 - 8:41am | 163In a report published Tuesday, J.P. Morgan analyst John Ivankoe downgraded the rating on Bloomin' Brands (NASDAQ: BLMN) from Overweight to Neutral, but raised the price target from $22.00 to $25.00. In the report, J.P. Morgan noted, “Focus is on transition to more systems driven, fact-based...