Brinker downgraded by BMO Capital Markets with a new price target
$EAT
Restaurants
Consumer Discretionary
BMO Capital Markets downgraded Brinker from Outperform to Market Perform and set a new price target of $105.00 from $80.00 previously
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/31/2024 | $67.00 → $100.00 | Overweight → Neutral | JP Morgan |
| 10/31/2024 | $80.00 → $105.00 | Outperform → Market Perform | BMO Capital Markets |
| 10/17/2024 | Outperform → Mkt Perform | Raymond James | |
| 10/10/2024 | $63.00 → $90.00 | Underperform → Neutral | BofA Securities |
| 10/1/2024 | Buy → Hold | Argus | |
| 8/15/2024 | $72.00 | Sector Weight → Overweight | KeyBanc Capital Markets |
| 7/8/2024 | $62.00 → $82.50 | Strong Buy → Outperform | Raymond James |
| 5/21/2024 | $72.00 | Hold → Buy | Argus |
DALLAS, July 8, 2024 /PRNewswire/ -- Brinker International, Inc. (NYSE:EAT), one of the world's leading casual dining restaurant companies and home of Chili's® Grill & Bar and Maggiano's Little Italy®, today announced the appointment of Frank Liberio to its Board of Directors. Liberio is an experienced technology leader in the restaurant industry and most recently served as executive vice president and global chief information officer for Restaurant Brands International. Prior to RBI, he worked at the McDonald's Corporation for more than 16 years, serving in various leadership
This summer, guests can take out their frustrations over rising fast-food prices with new Chili's Big Smasher BurgerTime video game DALLAS, June 25, 2024 /PRNewswire/ -- Chili's® Grill & Bar is introducing a refreshed version of the cult-classic BurgerTime©** arcade game: Chili's Big Smasher BurgerTime, giving fans the chance to tackle fast-food villains and win free burgers for LIFE*. In the restaurant brand's first video game, art imitates life as players are challenged to save humanity from the overpriced fast-food burger. Fans play as Joe ChiliHead, with the goal to build as many Big Smasher Burgers as they can while fending off fast-food villains and advancing through six levels for mou
Chief Financial Officer Joe Taylor to Retire at the End of Fiscal 2024 Mika Ware to Succeed as Chief Financial Officer in Fiscal 2025 Chris Caldwell Appointed Chief Information Officer DALLAS, Feb. 26, 2024 /PRNewswire/ -- Brinker International Inc. (NYSE:EAT) today announced updates to its executive leadership team, including the retirement of Joe Taylor, EVP and Chief Financial Officer, the appointment of Mika Ware as SVP and Chief Financial Officer, effective June 27, 2024, and the appointment of Chris Caldwell as SVP and Chief Information Officer, effective Feb. 26, 2024.
B of A Securities analyst Katherine Griffin maintains Brinker International (NYSE:EAT) with a Underperform and raises the price target from $51 to $58.
Morgan Stanley analyst John Glass maintains Brinker International (NYSE:EAT) with a Underweight and raises the price target from $42 to $50.
Brinker International's (NYSE:EAT) short percent of float has fallen 9.15% since its last report. The company recently reported that it has 7.16 million shares sold short, which is 28.68% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.68 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short
JP Morgan downgraded Brinker from Overweight to Neutral and set a new price target of $100.00 from $67.00 previously
BMO Capital Markets downgraded Brinker from Outperform to Market Perform and set a new price target of $105.00 from $80.00 previously
Raymond James downgraded Brinker from Outperform to Mkt Perform
SC 13G/A - BRINKER INTERNATIONAL, INC (0000703351) (Subject)
SC 13G - BRINKER INTERNATIONAL, INC (0000703351) (Subject)
SC 13G/A - BRINKER INTERNATIONAL, INC (0000703351) (Subject)
10-Q - BRINKER INTERNATIONAL, INC (0000703351) (Filer)
8-K - BRINKER INTERNATIONAL, INC (0000703351) (Filer)
DEFA14A - BRINKER INTERNATIONAL, INC (0000703351) (Filer)
DALLAS, Oct. 30, 2024 /PRNewswire/ -- Brinker International, Inc. (NYSE:EAT) today announced financial results for the first quarter ended September 25, 2024. First Quarter Fiscal 2025 Financial Highlights "Great food, with great service at industry leading value is driving strong Chili's sales and traffic," said President and CEO, Kevin Hochman, "Our continued success proves the importance of listening to our guests & team members and delivering on the critical things important to them." Company sales were $1,127.3 million in the first quarter of fiscal 2025 compared to $1,00
DALLAS, Oct. 17, 2024 /PRNewswire/ -- Brinker International, Inc. (NYSE:EAT) will now host its previously announced earnings conference call at 9:00 am Eastern Time on Wednesday, October 30, 2024, to minimize conflicts with other industry earnings announcements. The Company will release its results for first quarter fiscal 2025 before the U.S. financial markets open on October 30, 2024. The live audio webcast can be accessed through Brinker's investor relations website at https://url.us.m.mimecastprotect.com/s/kmJ4C4xnyRi3DDORhxhEF4fbpX?domain=c212.net. A replay of the confere
DALLAS, Oct. 16, 2024 /PRNewswire/ -- Brinker International, Inc. (NYSE:EAT) has scheduled its earnings conference call at 10 a.m. Eastern Time on Wednesday, October 30, 2024, to review first quarter fiscal 2025 earnings, which will be announced before the market opens on October 30, 2024. The company may also provide other business updates. The live audio webcast can be accessed through Brinker's investor relations website at https://investors.brinker.com/events/event-details/q1-2025-brinker-international-earnings-conference-call. A replay of the conference call will be avail
DALLAS, Oct. 30, 2024 /PRNewswire/ -- Brinker International, Inc. (NYSE:EAT) today announced financial results for the first quarter ended September 25, 2024. First Quarter Fiscal 2025 Financial Highlights "Great food, with great service at industry leading value is driving strong Chili's sales and traffic," said President and CEO, Kevin Hochman, "Our continued success proves the importance of listening to our guests & team members and delivering on the critical things important to them." Company sales were $1,127.3 million in the first quarter of fiscal 2025 compared to $1,00
DALLAS, Oct. 17, 2024 /PRNewswire/ -- Brinker International, Inc. (NYSE:EAT) will now host its previously announced earnings conference call at 9:00 am Eastern Time on Wednesday, October 30, 2024, to minimize conflicts with other industry earnings announcements. The Company will release its results for first quarter fiscal 2025 before the U.S. financial markets open on October 30, 2024. The live audio webcast can be accessed through Brinker's investor relations website at https://url.us.m.mimecastprotect.com/s/kmJ4C4xnyRi3DDORhxhEF4fbpX?domain=c212.net. A replay of the confere
DALLAS, Oct. 16, 2024 /PRNewswire/ -- Brinker International, Inc. (NYSE:EAT) has scheduled its earnings conference call at 10 a.m. Eastern Time on Wednesday, October 30, 2024, to review first quarter fiscal 2025 earnings, which will be announced before the market opens on October 30, 2024. The company may also provide other business updates. The live audio webcast can be accessed through Brinker's investor relations website at https://investors.brinker.com/events/event-details/q1-2025-brinker-international-earnings-conference-call. A replay of the conference call will be avail
4 - BRINKER INTERNATIONAL, INC (0000703351) (Issuer)
4 - BRINKER INTERNATIONAL, INC (0000703351) (Issuer)
4/A - BRINKER INTERNATIONAL, INC (0000703351) (Issuer)