Brinker upgraded to Outperform from In Line at Evercore ISI

Evercore ISI analyst David Palmer upgraded Brinker (EAT) to Outperform from In Line with a price target of $210, up from $190. The firm sees upside to consensus estimates in the near term and sustainable same-store-sales growth potential from Brinker’s improving customer satisfaction measures. The company is facing growth tailwinds from its new units and remodels, the analyst tells investors in a research note. Evercore says Brinker is the least expensive name in its restaurant coverage on a growth-adjusted basis.