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Bloomin’ Brands price target lowered to $8 from $9 at Barclays

Barclays lowered the firm’s price target on Bloomin’ Brands (BLMN) to $8 from $9 and keeps an Equal Weight rating on the shares. The company reported a Q1 beat on sales but missed on margin and earnings, the analyst tells investors in a research note. The firm sees a “choppy” comp into Q2.

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