Barclays lowered the firm’s price target on Bloomin’ Brands (BLMN) to $19 from $20 and keeps an Overweight rating on the shares. The company’s Q3 comp, margin and adjusted EBITDA were all below expectations, the analyst tells investors in a research note.
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Read More on BLMN:
- Bloomin’ Brands downgraded to Market Perform from Outperform at Raymond James
- Bloomin’ Brands price target lowered to $19 from $20 at Morgan Stanley
- Bloomin’ Brands Reports Q3 2024 Financial Results
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