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Brinker price target lowered to $188 from $192 at TD Cowen

TD Cowen analyst Andrew Charles lowered the firm’s price target on Brinker (EAT) to $188 from $192 and keeps a Buy rating on the shares. The firm says Brinker is its favorite name in full service restaurant into earnings. TD sees a positive risk/reward given its expectation for an in-line fiscal Q3 and favorable momentum to start Q4.

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