Barclays Maintains Equal-Weight on Brinker International, Raises Price Target to $39
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jeffrey Bernstein has maintained an Equal-Weight rating on Brinker International (NYSE:EAT) and increased the price target from $36 to $39.
January 03, 2024 | 12:25 pm
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Barclays has maintained an Equal-Weight rating on Brinker International and raised the price target from $36 to $39, indicating a positive outlook on the stock.
The increase in price target by Barclays reflects a positive adjustment in their valuation of Brinker International, which could lead to increased investor confidence and a potential short-term rise in the stock price. The Equal-Weight rating suggests that the stock is adequately valued at the moment, but the raised target indicates an expectation of some growth.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100