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Fly News Breaks for January 16, 2020
EAT
Jan 16, 2020 | 09:34 EDT
OTR Global upgraded Brinker to Positive from Mixed citing checks that indicate strong customer demand for delivery, momentum in takeout, and increased marketing of value deals at Chili's.
News For EAT From the Last 2 Days
EAT
Apr 22, 2024 | 08:44 EDT
Raymond James raised the firm's price target on Brinker (EAT) to $54 from $50 and keeps a Strong Buy rating on the shares. The firm maintains a selective stance towards its restaurant coverage universe as industry sales have underwhelmed in recent months, causing Raymond James to increasingly favor stocks it view as having "idiosyncratic factors trading at attractive valuations," such as Brinker, Shake Shack (SHAK), First Watch (FWRG) and Bloomin' Brands (BLMN), the analyst tells investors in a group earnings preview note.
