Morgan Stanley Downgrades Brinker International to Underweight, Announces $36 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst John Glass has downgraded Brinker International (NYSE:EAT) from Equal-Weight to Underweight and set a price target of $36.

January 16, 2024 | 8:14 pm
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Morgan Stanley downgraded Brinker International to Underweight from Equal-Weight and set a price target of $36.
Analyst downgrades typically lead to a negative perception among investors and can result in a decrease in stock price. The new price target of $36 may also suggest a lower expected performance for the stock, potentially influencing short-term price movement negatively.
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