Morgan Stanley Maintains Equal-Weight on Bloomin Brands, Lowers Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst John Glass maintains an Equal-Weight rating on Bloomin Brands (NASDAQ:BLMN) but lowers the price target from $26 to $22.
July 16, 2024 | 4:16 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Morgan Stanley analyst John Glass maintains an Equal-Weight rating on Bloomin Brands but lowers the price target from $26 to $22.
The lowered price target from $26 to $22 by a major analyst like Morgan Stanley suggests a less optimistic outlook for Bloomin Brands, which could negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100