Piper Sandler Maintains Neutral on Bloomin Brands, Lowers Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Brian Mullan maintains a Neutral rating on Bloomin Brands (NASDAQ:BLMN) and lowers the price target from $30 to $26.
November 06, 2023 | 3:54 pm
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NEGATIVE IMPACT
Piper Sandler has lowered the price target for Bloomin Brands from $30 to $26 while maintaining a Neutral rating.
The lowering of the price target by Piper Sandler indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Bloomin Brands' stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100