Brinker price target raised to $200 from $180 at Goldman Sachs

Goldman Sachs analyst Christine Cho raised the firm’s price target on Brinker (EAT) to $200 from $180 and keeps a Buy rating on the shares. The market is under-appreciating the enduring impact of the Chili’s turnaround that will drive sustained comp outperformance despite a more challenging macro/competitive backdrop, the analyst tells investors in a research note.