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Brinker upgraded to Buy from Neutral at Citi

Citi upgraded Brinker (EAT) to Buy from Neutral with a price target of $176, up from $144. The company’s cost environment is getting better with Brazil food tariffs dropping and its sales can see momentum through fiscal 2026, the analyst tells investors in a research note. Citi’s work indicates Brinker’s efforts to attract younger guests are working. It sees upside to consensus estimates.

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