Brinker price target raised to $110 from $83 at Citi

Citi analyst Jon Tower raised the firm’s price target on Brinker (EAT) to $110 from $83 and keeps a Neutral rating on the shares post the Q3 report. The firm expects near-term follow-through on the post-earnings share strength given the company’s commentary regarding trends and outperformance versus the industry improving through the quarter and into October. This likely sets guidance up for another beat and raise print in fiscal Q2, the analyst tells investors in a research note.