Barclays Maintains Overweight on Bloomin Brands, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jeffrey Bernstein maintains an Overweight rating on Bloomin Brands (NASDAQ:BLMN) but lowers the price target from $22 to $20.
October 22, 2024 | 4:18 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Barclays analyst Jeffrey Bernstein maintains an Overweight rating on Bloomin Brands but lowers the price target from $22 to $20, indicating a slightly less optimistic outlook.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some caution. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100