Market Overview

Brinker International Gains On JP Morgan Upgrade To Overweight

Share:
Related JPM
The Market In 5 Minutes
One Of The World's Most Powerful Women, Fidelity Personal Investing President Kathleen Murphy, To Tell Her Story At The Benzinga Global Fintech Awards
Stocks Aren't Waiting For Trump To Make America Great (Investor's Business Daily)
Related EAT
Bar & Grill Has Been The Weakest Segment In Restaurants
Barron's Picks And Pans: Chipotle, Snap, AMD And More

Brinker International (NYSE: EAT) remains in the green this morning following an upgrade from JP Morgan (NYSE: JPM) from Neutral to Overweight while lowering the price target from $54 to $52. The investment bank believes Brinker Int'l is the most "incrementally actionable stock in our group" even in the face of concerns regarding beef and pork price inflation.  Analysts surveyed by Capital IQ have a consensus price target of $54.

EAT Price Versus Mean Target Price

Shares of EAT as of 11:40 AM EDT on Monday are trading up roughly 0.75 percent to $46.34.  

Latest Ratings for JPM

DateFirmActionFromTo
Jan 2017Keefe Bruyette & WoodsDowngradesOutperformMarket Perform
Jan 2017UBSInitiates Coverage OnBuy
Nov 2016Deutsche BankMaintainsBuy

View More Analyst Ratings for JPM
View the Latest Analyst Ratings

Posted-In: Analyst Color Upgrades Price Target Analyst Ratings

 

Related Articles (EAT + JPM)

View Comments and Join the Discussion!