Citigroup Maintains Neutral on Bloomin Brands, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Jon Tower maintains a Neutral rating on Bloomin Brands (NASDAQ:BLMN) but lowers the price target from $22 to $20.
August 19, 2024 | 11:56 am
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Citigroup analyst Jon Tower maintains a Neutral rating on Bloomin Brands but lowers the price target from $22 to $20.
The lowered price target from $22 to $20 suggests a less optimistic outlook for Bloomin Brands, which could negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100