Brinker price target raised to $120 from $110 at Stifel
The Fly

Brinker price target raised to $120 from $110 at Stifel

Stifel analyst Chris O’Cull raised the firm’s price target on Brinker (EAT) to $120 from $110 and keeps a Buy rating on the shares. Following Brinker’s 10-Q filing, the firm raised its fiscal Q2 and full-year comp projections based on the company’s quarter-to-date sales momentum, noting that its full-year same-restaurant sales growth projection now stands at about 9.5%.

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