Barclays Maintains Overweight on Bloomin Brands, Lowers Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jeffrey Bernstein has maintained an Overweight rating on Bloomin Brands (NASDAQ:BLMN) but lowered the price target from $28 to $27.
November 06, 2023 | 12:52 pm
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NEUTRAL IMPACT
Barclays has maintained an Overweight rating on Bloomin Brands but lowered the price target from $28 to $27.
The news is directly about Bloomin Brands and is likely to influence investor sentiment. The maintenance of an Overweight rating indicates a positive outlook, but the lowering of the price target may have a slightly negative impact. However, the overall impact is expected to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100