Raymond James Maintains Strong Buy Rating for Brinker International: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Raymond James has maintained its Strong Buy rating for Brinker International (NYSE:EAT) and increased its price target from $40.00 to $42.00. Brinker International's shares are currently trading up 3.54% at $35.70 per share. A move to $42.00 would represent a 17.65% increase from the current share price.
November 02, 2023 | 5:00 pm
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Raymond James has maintained its Strong Buy rating for Brinker International and raised its price target. This could potentially lead to an increase in the company's stock price.
Analyst ratings often influence investor sentiment and can impact a company's stock price. In this case, Raymond James, a reputable financial institution, has maintained a Strong Buy rating for Brinker International and raised its price target. This suggests that they believe the company's stock is undervalued at its current price and has the potential to increase. This could lead to increased investor interest and a potential rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100