Brinker price target raised to $38 from $34 at Deutsche Bank

Deutsche Bank analyst Brian Mullan raised the firm’s price target on Brinker to $38 from $34 and keeps a Hold rating on the shares ahead of earnings. The analyst thinks investors expect a fiscal Q2 same-store-sales result that is at least equal to, and perhaps a bit better than, the current consensus estimate of up 5.3% as it pertains to the Chili’s company owned comp.