Raymond James Upgrades Brinker International to Strong Buy, Lowers Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Brian Vaccaro has upgraded Brinker International (NYSE:EAT) from Outperform to Strong Buy, but lowered the price target from $45 to $40.
October 18, 2023 | 11:28 am
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POSITIVE IMPACT
Brinker International has been upgraded to Strong Buy by Raymond James, although the price target has been lowered from $45 to $40.
The upgrade to Strong Buy indicates a positive outlook for Brinker International, which could lead to an increase in its stock price. However, the lowering of the price target might temper this positive impact somewhat.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100