Wells Fargo Remains Bullish on Bloomin' Brands (BLMN)

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Go back to Wells Fargo Remains Bullish on Bloomin' Brands (BLMN)

Bloomin' Brands (BLMN) Target Price Raised to $30 at BofA/Merrill Lynch

February 20, 2015 10:08 AM EST

BofA/Merrill Lynch analyst Joseph Buckley reiterated a Buy rating on Bloomin' Brands (NASDAQ: BLMN) while raising his price target to $30.00 (from $27.00) following in-line Q4 results with strong same-store sales of 6.4%. The target hikes come amid higher group valuations.

Buckley is positive on the company's... More

Bloomin' Brands (BLMN) Misses Q4 EPS by 10c

February 19, 2015 7:01 AM EST

Bloomin' Brands (NASDAQ: BLMN) reported Q4 EPS of $0.17, $0.10 worse than the analyst estimate of $0.27. Revenue for the quarter came in at $1.1 billion versus the consensus estimate of $1.1 billion.

Comparable sales for Company-owned core domestic concepts increased 4.2% with a traffic increase of 1.0% .

For... More