Citigroup Maintains Neutral on Bloomin Brands, Raises Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Jon Tower maintains a Neutral rating on Bloomin Brands (NASDAQ:BLMN) and raises the price target from $28 to $30.
July 24, 2023 | 2:23 pm
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Citigroup maintains a Neutral rating on Bloomin Brands and raises the price target from $28 to $30.
The news is directly related to Bloomin Brands. The raised price target indicates a positive outlook, but the Neutral rating suggests that the stock is fairly valued at its current price. Therefore, the short-term impact on the stock price is expected to be neutral.
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IMPORTANCE 70
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