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Brinker upgraded to Overweight from Sector Weight at KeyBanc

KeyBanc upgraded Brinker (EAT) to Overweight from Sector Weight with a $177 price target The firm believes Chili’s “strong” sales momentum will continue into fiscal 2027. Brinker’s fiscal 2027 guidance introduction and upcoming investor day later this year could serve as positive catalysts for the stock, the analyst tells investors in a research note. KeyBanc also sees margin upside potential for Brinker and says its “modest” unit growth is a tailwind for multiple expansion.

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