Wunderlich Securities loses faith in Brinker International

|About: Brinker International, Inc. (EAT)|By:, SA News Editor

Wunderlich Securities downgrades Brinker International (EAT) to Hold from a Buy rating on concerns which includes weak traffic patterns, higher costs, and promotional activity in the sector.

The investment firm cuts its price target on the restaurant operator to $52.

EAT -1.5% premarket