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.
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