Barclays Maintains Overweight on Bloomin Brands, Lowers Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jeffrey Bernstein maintains an Overweight rating on Bloomin Brands (NASDAQ:BLMN) but lowers the price target from $30 to $22.

August 07, 2024 | 4:39 pm
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Barclays analyst Jeffrey Bernstein maintains an Overweight rating on Bloomin Brands but lowers the price target from $30 to $22.
The lowered price target from $30 to $22 suggests a less optimistic outlook for Bloomin Brands, which could negatively impact the stock price in the short term despite the maintained Overweight rating.
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