B of A Securities Maintains Neutral on Bloomin Brands, Lowers Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Neutral rating on Bloomin Brands (NASDAQ:BLMN) but has lowered the price target from $22 to $19.
October 22, 2024 | 6:08 pm
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NEGATIVE IMPACT
B of A Securities has maintained a Neutral rating on Bloomin Brands but has lowered the price target from $22 to $19, indicating a less optimistic outlook.
The lowering of the price target from $22 to $19 by B of A Securities suggests a less optimistic view on Bloomin Brands' future performance, which could negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100