Brinker Shares Surge on Analyst Upgrade and Strong Fundamentals

Brinker International’s stock continues to demonstrate impressive momentum, fueled by a significant analyst upgrade from Evercore ISI. The company’s latest quarterly results and an optimistic outlook for fiscal year 2026 are providing a solid foundation for this bullish sentiment.

The most significant development occurred last Thursday when Evercore ISI upgraded its rating on Brinker from “In Line” to “Outperform.” In a move that captured market attention, the firm also raised its price target substantially from $190 to $210. The market response was immediate, with shares climbing in pre-market trading on the day of the announcement.

The following trading session opened with a notable gap up to $167.48, representing a strong 5.29% increase from the previous close of $159.06. This market action underscores... Read more...