Barclays analyst Jeffrey Bernstein raised the firm’s price target on Brinker to $36 from $30 and keeps an Equal Weight rating on the shares. The company’s fiscal Q2 "beat top to bottom," with margins returning to double digit, the analyst tells investors in a research note.
Published first on TheFly
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- Brinker raises FY23 adjusted EPS $2.60-$2.90 from $2.45-$2.85, consensus $2.56
- BRINKER INTERNATIONAL REPORTS SECOND QUARTER OF FISCAL 2023 RESULTS; AND UPDATES FISCAL 2023 GUIDANCE
- Brinker reports Q2 EPS 76c, consensus 52c
- Brinker price target raised to $38 from $34 at Deutsche Bank
- Brinker price target lowered to $30 from $31 at Barclays
