Brinker price target raised to $170 from $166 at Barclays

Barclays analyst Jeffrey Bernstein raised the firm’s price target on Brinker (EAT) to $170 from $166 and keeps an Equal Weight rating on the shares. The Q4 beat “was more modest albeit still very impressive” as expectations continue to creep higher given that Chili’s momentum has sustained through all of FY25, the analyst tells investors in a post-earnings note. While “impressed with the CEO’s vision” and still positive on the opportunity ahead, the analyst cautions that tougher comparisons are coming and says guidance for positive comps and traffic at Chili’s each quarter of FY26 will “likely be met with some skepticism.”