7/104 sources · 3 publishersUpdated Oct 14, 12:09 UTC
Jefferies upgrades Brinker International to Buy and raises price target
Jefferies upgraded Brinker International (EAT) to a Buy rating, lifting its price target to $255 from $230. The firm said the Chili’s turnaround is complete and the brand now has a durable growth story. The note highlighted expanding margins, higher volumes and strong free cash flow as drivers of the upgrade. The upgrade sparked a pre‑market rally in Brinker shares.
Why it matters
The higher target and Buy rating could attract additional buying interest, potentially supporting the stock price in the near term. Jefferies' view suggests the market may be undervaluing Brinker’s growth prospects.
Key facts
- 1Jefferies upgraded Brinker International to Buy from Hold. investing.com
- 2Jefferies raised its price target to $255 from $230. investing.com
- 3Brinker's shares were trading at $202.35 at the time of the note. investing.com
- 4S&P Global Ratings revised Brinker International's credit outlook to positive. investing.com
Open questions
- YTD performance: material 1 says the stock is up 53% over the past year, while material 3 says it is up 41% in 2026.
Summary written by AlphAI AI Desk from 4 of 4 sources. Not investment advice. Figures are as stated by the linked sources.