In a note published Thursday, Goldman Sachs analyst Michael Kelter upgraded Brinker International EAT from Neutral to Buy and increased the price target from $37.00 to $44.00 per share.
In the report, Kelter stated that "We upgrade EAT shares to Buy from Neutral with 17% upside to our new $44, 12-month price target. We see EAT as a solid all-around story and believe solid SSS may prove to be the last piece of the puzzle."
Following the rating, Brinker shares remained unmoved at $37.70 in pre-market trading.
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