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Brinker International Upgraded to “Buy” at Argus Research (EAT)
By:
Dividend Daily
Posted on June 14, 2012 at 09:14 AM EDT
Full-service restaurant chain operator Brinker International, Inc. (EAT) on Thursday caught a big upgrade from analysts at Argus Research. The firm said it upgraded EAT from “Hold” to “Buy” with a $37 price target, suggesting a 22% upside to the stock’s Wednesday closing price of $30.28. Back in April, Brinker reported much better-than-expected fiscal third [...]
Full-service restaurant chain operator Brinker International, Inc. (EAT) on Thursday caught a big upgrade from analysts at Argus Research. The firm said it upgraded EAT from “Hold” to “Buy” with a $37 price target, suggesting a 22% upside to the stock’s Wednesday closing price of $30.28. Back in April, Brinker reported much better-than-expected fiscal third quarter earnings results and said it remains on track to double EPS by 2015. Brinker International shares were mostly flat in premarket trading Thursday. The Bottom Line Brinker International, Inc. (EAT) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here. Related Stocks:
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