Brinker price target raised to $200 from $170 at Stifel

Stifel analyst Chris O’Cull raised the firm’s price target on Brinker (EAT) to $200 from $170 and keeps a Buy rating on the shares after what the firm calls “another stellar quarter.” The results are “all the more impressive” given a more competitive backdrop, adds the analyst, who believes the Q2 results in the face of this competition “highlight a key element underpinning Chili’s success.”