Brinker International surges after upgrade to Buy with $275 target

  • Northcoast Research upgraded Brinker International, ticker EAT, to Buy from Neutral with a $275 price target.
  • The target implied 37.29% upside for Brinker International’s stock from the reference price.
  • The upgrade cited Chili’s Grill & Bar performance, average annual unit volumes and long-term growth under new management.

Brinker International shares surged after Northcoast Research upgraded the stock to Buy from Neutral and set a $275 price target, implying 37.29% upside from the reference price. The firm cited strong performance and long-term growth prospects at the company’s Chili’s Grill & Bar brand, including average annual unit volumes and the impact of new management.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.