BRINKER INTERNATIONAL REPORTS FOURTH QUARTER OF FISCAL 2024 RESULTS AND PROVIDES FISCAL 2025 GUIDANCE

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Brinker Int'l (EAT) PT Raised to $63 at BofA Securities

August 15, 2024 6:27 AM EDT

BofA Securities analyst Katherine Griffin raised the price target on Brinker Int'l (NYSE: EAT) to $63.00 (from $58.00) while maintaining a Underperform rating.

The analyst comments "That Chilis grew traffic by 6 ppts in 4FQ against a slowing industry backdrop CDR traffic remains negative YTD highlights the... More

Brinker Int'l (EAT) PT Raised to $69 at Evercore ISI

August 15, 2024 5:00 AM EDT

Evercore ISI analyst David Palmer raised the price target on Brinker Int'l (NYSE: EAT) to $69.00 (from $65.00) while maintaining a In Line rating.

The analyst comments "Our view: Following F4Q results and our follow-up with the company, we are maintaining our above-consensus FY25... More

Morgan Stanley on Brinker Int'l (EAT): 'Sales Great, Flow Through Less So, Likely Expectations Reset Here'

August 14, 2024 8:55 AM EDT

Morgan Stanley analyst Brian Harbour reiterated an Underweight rating and $50.00 price target on Brinker Int'l (NYSE: EAT)

The analyst comments "Our Take: EAT's sales performance was very impressive in the F4Q, and pretty well understood pre-quarter (mix was even positive, to EAT's credit, despite the significant value focus, and Chili's traffic +6%), so the question was what the earnings flow... More