Bloomin Brands (BLMN) Misses Q2 EPS by 2c; Guides FY Lower
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August 7, 2014 6:43 AM EDT
Raymond James downgraded Bloomin' Brands (NASDAQ: BLMN) from Strong Buy to Outperform.
For an analyst ratings summary and ratings history on Bloomin' Brands click here. For more ratings news on Bloomin' Brands click here.
Shares of Bloomin' Brands closed at $15.98 yesterday.
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August 6, 2014 10:15 AM EDT
After getting crushed 24% on Tuesday on disappointing results/outlook, Bloomin' Brands (NASDAQ: BLMN) is 1.8% higher in early trade Wednesday after analysts came out to defend the stock.
While cutting estimate and his price target to $24.00 (from $29.00), BofA/Merrill Lynch analyst Joseph... More
August 6, 2014 7:03 AM EDT
Jefferies downgraded Bloomin' Brands (NASDAQ: BLMN) from Buy to Hold with a price target of $18.00 (from $26.00).
Analyst Andy Barish comments, "We thought the self-help aspects of BLMN's investment story would drive SSS & margin outperformance, and we were wrong. BLMN's gap to competitors is... More
