Morgan Stanley Maintains Underweight on Brinker International, Raises Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst John Glass maintains an Underweight rating on Brinker International (NYSE:EAT) but raises the price target from $42 to $50.
July 16, 2024 | 4:40 pm
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NEUTRAL IMPACT
Morgan Stanley analyst John Glass maintains an Underweight rating on Brinker International but raises the price target from $42 to $50.
The Underweight rating suggests a cautious outlook, which may limit significant upward movement in the stock price. However, the raised price target to $50 indicates some positive expectations, balancing the overall impact to neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100