Fitch Downgrades Brinker to 'BB+'; Outlook Stable

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Piper Jaffray Raises Price Target on Brinker International (EAT) to $50 Following 4Q

August 12, 2016 8:08 AM EDT

Piper Jaffray reiterated a Neutral rating on Brinker International (NYSE: EAT), and raised the price target to $50.00 (from $49.00), following the company's 4Q earnings report. Fourth-quarter operating earnings increased 31.2% y/y to $1.24 per share, in-line with the Street's $1.23. Unchanged FY17 estimates of... More

RBC Capital Remains Sidelined on Brinker International (EAT) Following 4Q - PT to $55

August 12, 2016 7:02 AM EDT

RBC Capital reiterated a Sector Perform rating on Brinker International (NYSE: EAT), and raised the price target to $55.00 (from $49.00), following the company's 4Q earnings report. RBC's FY17 EPS estimates remain unchanged at (-3.6% YOY) and is within the company's $3.40 to $3.50 guidance range.

Analyst... More