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Bearish MACD for Monro Muffler Brake Inc.

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Monro Muffler Brake Inc.’s (MNRO - Free Report) MACD indicator has moved into bearish territory with a reading of –0.4880. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 0.49% to $32.29 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending March 2013 has decreased by 11 cents over the past month to $1.45 per share.


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