Information Provided By: 
Fly News Breaks for July 15, 2019
EAT
Jul 15, 2019 | 07:02 EDT
JPMorgan analyst John Ivankoe upgraded Brinker International to Overweight from Neutral while lowering his price target for the shares to $43 from $44. The stock has become more attractive after the 9.5% pullback following the company's fiscal Q3 results, Ivankoe tells investors in a research note. He believes the current 10.0% 2020 free cash flow yield "will get bid down." A greater free cash flow focus is likely to emerge at the August 15 analyst day that would likely materialize in lower fiscal 2020 capex and beyond, says Ivankoe.
News For EAT From the Last 2 Days
There are no results for your query EAT
