Morgan Keegan Maintains Outperform on Monro Muffler/Brake

Morgan Keegan is out with its report today on Monro Muffler/Brake MNRO, maintaining Outperform. In a note to clients, Morgan Keegan writes, "MNRO will release earnings on July 21st. Our Q1 EPS estimate is in line with the Street at $0.46 (Guidance: $0.44-$0.47). We maintain our Outperform rating as comparable stores improve and Monro continues to improve margins via effective cost control programs." Shares of MNRO closed Wednesday at $36.79, up 0.49% from Tuesday's close.