Barclays raised the firm’s price target on Brinker (EAT) to $166 from $135 and keeps an Equal Weight rating on the shares. The firm adjusted targets in the restaurant group as part of its 2026 outlook. Sales challenges persist for the sector, the analyst tells investors in a research note. Barclays expects quick service to regain share from fast casual and casual dining, and it remains bullish on foodservice distribution.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EAT:
- Midday Fly By: Nvidia launches Rubin platform, Vistra to acquire Cogentrix
- CoreWeave initiated, Shopify downgraded: Wall Street’s top analyst calls
- Brinker price target raised to $170 from $140 at BMO Capital
- Brinker upgraded to Buy from Neutral at UBS
- Brinker price target raised to $175 from $160 at Wells Fargo
