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Stock impact report

Why Brinker International (EAT) Stock Is Trading Up Today [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
the company, citing a positive outlook after a meeting with management. The bank increased its price target on the stock to $160 from $155 while it kept its "Overweight" rating. The decision followed discussions with Brinker's leadership that pointed to strong company fundamentals. JPMorgan noted the restaurant operator's effective cost reductions and notable growth in customer traffic as key reasons for its optimism. This positive view was not isolated, as it followed a previous upgrade by Citigroup, which had raised its rating on the stock to "Buy" from "Neutral" in the prior month. The shares closed the day at $142.46, up 4.5% from previous close. Is now the time to buy Brinker International? Access our full analysis report here Brinker International's shares are very volatile and have had 27 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its percepti Show less Read more
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