Freedom Capital initiated coverage of Brinker (EAT) with a Buy rating and $145 price target The firm, which sees Chili’s as “still in the early innings of its transformation,” believes the brand can continue to gain market share given ongoing sales initiatives, increased marketing, improved customer service and a strong value proposition, the analyst tells investors.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EAT:
- Brinker International’s Earnings Call Highlights Chili’s Success
- Brinker price target lowered to $182 from $192 at BofA
- Brinker price target lowered to $155 from $175 at JPMorgan
- Brinker price target lowered to $144 from $156 at Citi
- Brinker International: Hold Rating Amid Cost Pressures and Normalizing Trends