KeyBanc Raises PT on Brinker (EAT) to $45

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April 9, 2013 11:28 AM EDT
Get Alerts EAT Hot Sheet
Price: $189.35 +2.09%

Rating Summary:
    23 Buy, 16 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 15 | Down: 12 | New: 12
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KeyBanc today maintained a Buy rating on Brinker Int'l (NYSE: EAT) and raised its price target to $45.00 (from $40.00).

"We raise our 12-month target price to $45 (from $40) to reflect slightly higher estimates and less risk as the Company has overcome many operational challenges to rolling out new menu items. In our opinion, investors seeking a compelling yield outlook supported by well-tested, income-building initiatives should find EAT shares attractive," said analyst Christopher O'Cull.

For an analyst ratings summary and ratings history on Brinker Int'l (NYSE: EAT) click here. For more ratings news on Brinker Int'l click here.

Shares of Brinker Int'l closed at $38.64 yesterday.

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