This Brinker International Analyst Turns Bullish On Chili's Sales

Analyst Christopher Carril from KeyBanc Capital Markets upgraded Brinker International Inc's rating from Sector Weight to Overweight, maintaining a price target of $177. He noted strong underlying sales momentum for Chili's Grill & Bar, with a more visible path toward mid-single-digit growth in same-restaurant sales from fiscal fourth quarter onwards. Despite a slight decline of 0.31% in Brinker International's shares to $142.90, the analyst sees potential for margin upside and modest unit growth, which could support stock price expansion.