Barclays raised the firm’s price target on Brinker to $45 from $39 and keeps an Equal Weight rating on the shares. The analyst says the company’s fiscal Q2 was better on bottom than top, though comp was still strong with traffic now ahead of the industry.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on EAT:
- BRINKER INTERNATIONAL REPORTS SECOND QUARTER OF FISCAL 2024 RESULTS; AND UPDATES FISCAL 2024 GUIDANCE
- Notable companies reporting before tomorrow’s open
- Brinker price target raised to $43 from $37 at BofA
- EAT Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Opening Day: KKR-backed BrightSpring prices below expectations, then opens lower