This Brinker Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Wednesday
Analysts initiated coverage: Neutral on MCD; Buy on MOVE and EAT; Outperform on SLDB; Equal-Weight on GOLF, with price targets announced.
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Seaport Global Initiates Coverage On Brinker International with Buy Rating, Announces Price Target of $230
Seaport Global analyst Eric Gonzalez initiates coverage on Brinker International (NYSE:EAT) with a Buy rating and announces Price Target of $230.
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EAT Revamps Kids Menu: Can Chili's Use Young Families to Aid Traffic?
Brinker International (EAT) has launched a revamped kids menu at Chili's featuring grilled chicken tenders, mini Moltens, quesadillas, floats, and mocktails to attract young families and boost traffic. The initiative comes as Chili's posted strong Q4 comparable sales growth of 5.6% with 1.5% traffic growth and achieved 21 consecutive quarters of same-store sales growth. The strategy aims to create repeat visits through brand affinity among children, though success will depend on execution and sustained customer adoption.