Brinker International IncEAT
Mentioned
Impact on assets 2
Consumer Discretionary
Brinker International IncArtificial Intelligence
NVIDIA CorporationNVDA
Mentioned
Northcoast upgraded Brinker International, the parent of Chili's, from neutral to buy, sending shares up 4% as of 11:29 a.m. ET after gaining as much as 6.5% earlier in the session. Analyst Jim Sanderson set a price target of $275, implying upside of 37% over the next year, citing strong growth at Chili's and its positioning for long-term growth under new management. Sanderson said menu improvements and better marketing put the company in a position to exceed in-store margins of 20%. Brinker finished fiscal 2026, which ended in July, with 8.1% comparable sales growth across the company and 9.2% at Chili's, though its Maggiano's chain has struggled with negative comparable sales. Through fiscal 2029, the company is targeting 4%-6% annual revenue growth, including 2%-3% unit growth with 30 new restaurants annually, along with double-digit annual adjusted EPS growth boosted by repurchasing 3%-5% of its shares annually.
Brinker International IncNVIDIA Corporation