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Brinker price target lowered to $39 from $42 at Citi

Citi lowered the firm’s price target on Brinker to $39 from $42 and keeps a Neutral rating on the shares post the fiscal Q4 report. The analyst expects the company’s pricing plans and the near-term benefit to comps and earnings versus the potential for consumer pushback “to arrest the turnaround narrative.”

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