JP Morgan Maintains Overweight on Brinker International, Lowers Price Target to $40
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst John Pitzer maintains an Overweight rating on Brinker International (NYSE:EAT) but lowers the price target from $42 to $40.

August 17, 2023 | 2:50 pm
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JP Morgan maintains an Overweight rating on Brinker International but lowers the price target from $42 to $40.
The news is directly related to Brinker International. While the Overweight rating is maintained, the lowering of the price target might indicate a slightly less optimistic outlook for the company's stock in the short term. However, the impact is likely to be neutral as the rating remains positive.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100