JP Morgan Maintains Neutral on Bloomin Brands, Lowers Price Target to $24
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst John Ivankoe maintains a Neutral rating on Bloomin Brands (NASDAQ:BLMN) but lowers the price target from $26 to $24.
May 28, 2024 | 1:45 pm
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JP Morgan analyst John Ivankoe maintains a Neutral rating on Bloomin Brands but lowers the price target from $26 to $24.
The lowered price target from $26 to $24 suggests a less optimistic outlook for Bloomin Brands, which could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100