Tigress Financial Partners Downgrades Brinker (EAT) to Neutral

Tigress Financial Partners downgraded Brinker Int'l (NYSE: EAT) from Buy to Neutral. The change follows last week's results. Analyst Ivan Feinseth noted moderating performance metrics.

"The inability of EAT to meet these comparative sales expectations lends credence to our belief that there are more attractive opportunities out there in the restaurant space," said Feinseth. "We favor buying shares of restaurants like Cheesecake Factory (Nasdaq: CAKE) that are exhibiting strong performance metrics, and are consistently beating expectations."

For an analyst ratings summary and ratings history on Brinker Int'l click here. For more ratings news on Brinker Int'l click here.

Shares of Brinker Int'l closed at $57.59 yesterday.

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