Raymond James Maintains Strong Buy on Brinker International, Raises Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Brian Vaccaro has reaffirmed a Strong Buy rating on Brinker International (NYSE:EAT) and increased the price target from $42 to $45.
December 06, 2023 | 2:13 pm
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Brinker International's stock rating was maintained at Strong Buy by Raymond James, with a raised price target from $42 to $45.
The reaffirmation of a Strong Buy rating and an increase in the price target by a reputable analyst like Raymond James typically signals confidence in the company's future performance. This can positively influence investor sentiment and potentially lead to a short-term increase in the stock price as the market reacts to the new price target and rating.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100