Piper Sandler Initiates Coverage On Bloomin Brands with Neutral Rating, Announces Price Target of $28
Portfolio Pulse from richadhand@benzinga.com
Piper Sandler analyst Brian Mullan has initiated coverage on Bloomin Brands (NASDAQ:BLMN) with a Neutral rating and a price target of $28.
July 18, 2023 | 9:01 am
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NEUTRAL IMPACT
Bloomin Brands has been initiated with a Neutral rating by Piper Sandler, with a price target of $28.
The initiation of coverage by Piper Sandler with a Neutral rating indicates that the firm does not expect significant price movement in the short term. The price target of $28 provides a benchmark for investors, but does not necessarily suggest a strong bullish or bearish sentiment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100