Barclays Maintains Overweight on Bloomin Brands, Lowers Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jeffrey Bernstein maintains an Overweight rating on Bloomin Brands (NASDAQ:BLMN) but lowers the price target from $31 to $28.
October 23, 2023 | 3:11 pm
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Barclays maintains an Overweight rating on Bloomin Brands but lowers the price target from $31 to $28.
The news is directly about Bloomin Brands. Barclays' decision to maintain an Overweight rating indicates a positive outlook for the company. However, the lowering of the price target may create some uncertainty among investors, potentially impacting the stock price in the short term.
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