Brinker International (EAT) Misses Q4 EPS by 2c; Offers FY23 Guidance

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Brinker Int'l (EAT) PT Lowered to $38 at Jefferies

August 25, 2022 8:05 AM EDT

Jefferies analyst Alexander Slagle lowered the price target on Brinker Int'l (NYSE: EAT) to $38.00 (from $50.00) while maintaining a Buy rating following earnings.

The analyst commented, "F4Q SSS mostly inline, but margins missed & lower than expected F23 guide implies margins more... More