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.

August 04, 2023 | 11:25 am
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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 from a reputable source, Morgan Stanley. 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 view on the stock has not changed. This is likely to have a neutral impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100