UBS Maintains Neutral on Bloomin Brands, Lowers Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Dennis Geiger maintains a Neutral rating on Bloomin Brands (NASDAQ:BLMN) but lowers the price target from $26 to $18.
August 07, 2024 | 4:03 pm
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NEGATIVE IMPACT
UBS analyst Dennis Geiger maintains a Neutral rating on Bloomin Brands but lowers the price target from $26 to $18.
The lowered price target from $26 to $18 by UBS suggests a less optimistic outlook for Bloomin Brands, which could negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100