As previously reported, Argus updated Brinker (EAT) to buy from Hold with $150 target price The firm cites that the company’s trends are improving, as restaurant sales and traffic growth are increasing, the analyst tells investors in a research note. The improved performance reflects management’s streamlined efforts with its menu, higher prices and greater investment in Brinker staff, while its streamlined processes are driving better efficiencies in the kitchen and overall operations, the firm adds.
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