Brinker International Announces Pricing of Notes Offering

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Brinker International (EAT) mean reversion inevitable, says Wells Fargo

June 26, 2023 11:46 AM EDT

Brinker International (NYSE: EAT) was initiated with an Underweight rating and $31 per share price target at Wells Fargo in a note Monday.

Analyst John Parke told investors that they see a name priced for turnaround upside, but state initiatives are in the early days, while EAT underperforms in a slowing macro, and the "asset is... More