B of A Securities Upgrades Brinker International to Neutral, Raises Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has upgraded Brinker International from Underperform to Neutral and increased its price target from $63 to $90.
October 10, 2024 | 12:24 pm
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POSITIVE IMPACT
B of A Securities has upgraded Brinker International from Underperform to Neutral, raising the price target from $63 to $90. This suggests a more positive outlook on the company's stock performance.
The upgrade from Underperform to Neutral by a reputable analyst firm like B of A Securities indicates improved sentiment towards Brinker International. The significant increase in the price target from $63 to $90 suggests expectations of better financial performance or market conditions, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100