William Blair Downgrades Bloomin Brands to Market Perform
Portfolio Pulse from richadhand@benzinga.com
William Blair analyst Sharon Zackfia has downgraded Bloomin Brands (NASDAQ:BLMN) from Outperform to Market Perform.
August 04, 2023 | 10:43 am
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Bloomin Brands has been downgraded from Outperform to Market Perform by William Blair analyst Sharon Zackfia.
Analyst ratings often have a direct impact on stock prices. A downgrade from Outperform to Market Perform suggests that the analyst believes the stock will not outperform the market anymore, which could lead to a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100