Wells Fargo raised the firm’s price target on Brinker (EAT) to $175 from $160 and keeps an Overweight rating on the shares. Post 2025 sector underperformance, the firm is bullish on the early 2026 setup via stimulus tailwinds, easier compares, poor sentiment and cheap price to earnings. But industry issues persist, second half of the year drivers lack conviction and selectivity are likely warranted, Wells adds.
Claim 55% 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:
- Brinker price target raised to $155 from $125 at Jefferies
- Brinker price target raised to $160 from $155 at JPMorgan
- Midday Fly By: Alphabet continues ascent, fueled by AI optimism
- Brinker upgraded, Coinbase downgraded: Wall Street’s top analyst calls
- Video: Nvidia slips amid Google competition worries