Analyst Expectations for Bloomin Brands's Future
Portfolio Pulse from Benzinga Insights
Over the last quarter, Bloomin Brands (NASDAQ:BLMN) has received mixed analyst ratings, with 1 bullish, 1 somewhat bullish, and 4 indifferent. The average price target is $26.67, indicating potential upside from the current price of $23.7. However, this average has decreased by 9.9% from the previous target of $29.60.
November 02, 2023 | 4:00 pm
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NEUTRAL IMPACT
Mixed analyst ratings and a decreased price target may lead to uncertainty for Bloomin Brands.
The mixed analyst ratings indicate a lack of consensus about the company's prospects, which could lead to volatility in the stock price. The decrease in the average price target suggests that analysts have become less optimistic about the company's future performance, which could negatively impact investor sentiment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100