Wells Fargo Initiates Coverage On Brinker International with Underweight Rating, Announces Price Target of $31
Portfolio Pulse from richadhand@benzinga.com
Wells Fargo analyst Jon Tower initiates coverage on Brinker International (NYSE:EAT) with an Underweight rating and a price target of $31.
June 26, 2023 | 10:44 am
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Wells Fargo initiates coverage on Brinker International with an Underweight rating and a price target of $31.
The initiation of coverage by Wells Fargo with an Underweight rating and a price target of $31 suggests that the analyst believes the stock is overvalued and may underperform in the short term. This could lead to a negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100