Barclays Maintains Overweight on Bloomin Brands, Raises Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jeffrey Bernstein maintains an Overweight rating on Bloomin' Brands (BLMN) and raises the price target from $31 to $32.
February 26, 2024 | 11:46 am
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POSITIVE IMPACT
Barclays maintains an Overweight rating on Bloomin' Brands and raises the price target from $31 to $32.
The upgrade in price target by Barclays, a major financial institution, reflects a positive outlook on Bloomin' Brands' future performance. This is likely to instill confidence among investors, potentially driving up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100