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Stock impact report

What's Behind the Buzz Around Brinker International (EAT)'s Chili's Brand [Yahoo! Finance]

Brinker International, Inc. (EAT) 
Last brinker international, inc. earnings: 4/29 06:45 am Check Earnings Report
US:NYSE Investor Relations: investors.brinker.com
Company Research Source: Yahoo! Finance
Brinker International, Inc. (NYSE:EAT) to $190 from $187 and reaffirmed an Overweight rating on the stock. According to the firm, the company is a strong near-term investment opportunity as the comparable sales pace is likely to remain steady due to new product platform upgrades. JPMorgan believes Chili's brand is “generating a flywheel of success,” resulting in reinvestments in the company's current platform, with a roadmap to a stable remodel program and a return to unit growth, TheFly reported. Brinker International, Inc. (NYSE:EAT) Wolfe Research, too, is confident in Brinker International, Inc. (NYSE:EAT) even amid the stock's merely 3.94% surge over the past six months. The firm started coverage with an Outperform rating and a $184 price target on March 9. The firm attributed the company's Chili's brand performance as the major factor behind its optimism, saying that the brand has achieved both value credibility and cultural resonance. Wolfe Research also highlighted traff Show less Read more
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