Bloomin' Brands (BLMN) Announces CEO Retirement

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Bloomin' Brands (BLMN) PT Lowered to $33 at Jefferies

May 7, 2024 4:18 PM EDT

Jefferies analyst Andy Barish lowered the price target on Bloomin' Brands (NASDAQ: BLMN) to $33.00 (from $34.00) while maintaining a Buy rating.

The analyst comments "CEO Deno formally announced plans to retire & BOD commencing search. Meanwhile, Co launched strategic review of its Brazil... More