Barclays Maintains Equal-Weight on Brinker International, Raises Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jeffrey Bernstein maintains an Equal-Weight rating on Brinker International (NYSE:EAT) and raises the price target from $36 to $37.
August 17, 2023 | 10:55 am
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Barclays maintains an Equal-Weight rating on Brinker International and raises the price target from $36 to $37.
The news is directly related to Brinker International. The price target increase from Barclays could be seen as a positive signal, but the Equal-Weight rating suggests that the stock is fairly valued at its current price. Therefore, the short-term impact on the stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100