Citi lowered the firm’s price target on Brinker to $39 from $42 and keeps a Neutral rating on the shares post the fiscal Q4 report. The analyst expects the company’s pricing plans and the near-term benefit to comps and earnings versus the potential for consumer pushback “to arrest the turnaround narrative.”
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Read More on EAT:
- Brinker price target raised to $37 from $36 at Barclays
- Brinker sees FY24 EPS $3.15-$3.55, consensus $3.31
- BRINKER INTERNATIONAL REPORTS FOURTH QUARTER OF FISCAL 2023 RESULTS AND PROVIDES FISCAL 2024 FINANCIAL GUIDANCE
- Brinker reports Q4 EPS $1.39, consensus $1.32
- Notable companies reporting before tomorrow’s open
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