Brinker price target raised to $150 from $143 at Barclays

Barclays analyst Jeffrey Bernstein raised the firm’s price target on Brinker (EAT) to $150 from $143 and keeps an Equal Weight rating on the shares as part of a Q4 preview for the restaurant group. Comps accelerated in Q4 with a focus on value, the analyst tells investors in a research note. The firm says fast casual and select casual diners are the near-term winners, with benefits from a more resilient household income.