Morgan Stanley Reiterates Equal-Weight on Bloomin Brands, Maintains $27 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst John Glass has reiterated an Equal-Weight rating on Bloomin Brands (NASDAQ:BLMN) and maintained a $27 price target.
July 17, 2023 | 1:24 pm
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NEUTRAL IMPACT
Morgan Stanley has reiterated an Equal-Weight rating on Bloomin Brands and maintained a $27 price target.
The news is directly about Bloomin Brands and is likely to have a neutral impact on its stock price in the short term. The Equal-Weight rating suggests that the stock is expected to perform in line with the market or other stocks in its sector. The maintained price target indicates that the analyst's valuation of the company has not changed.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100