UBS Maintains Neutral on Brinker International, Raises Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Dennis Geiger has maintained a Neutral rating on Brinker International (NYSE:EAT) and increased the price target from $46 to $50.
April 24, 2024 | 4:00 pm
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UBS has maintained a Neutral rating on Brinker International but raised the price target from $46 to $50.
The increase in price target by UBS suggests a positive outlook on Brinker International's stock value in the short term, despite maintaining a Neutral rating. This adjustment reflects an expectation of stock performance improvement or market conditions that could favor the company. The direct mention and specific action taken by a major financial institution like UBS can influence investor perception and potentially lead to a short-term increase in stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90