Why Did Brinker International Plunge 9.22%? Analysts Divided

On April 29, 2025, Brinker International's stock experienced a significant drop of 9.22% in pre-market trading, indicating a notable shift in investor sentiment towards the company.

Wells Fargo & Company recently adjusted their price target for Brinker International, reducing it from $175.00 to $165.00. This adjustment was accompanied by an "equal weight" rating, suggesting a more cautious outlook on the stock's potential for growth.

In contrast, UBS Group has taken a more optimistic stance, increasing their price target for Brinker International from $108.00 to $146.00. Despite this upward revision, UBS maintained a "neutral" rating, indicating a balanced view on the company's prospects.

These mixed signals from major financial institutions reflect the complex dynamics at play within the market, with some analysts expressing concerns about the company's future performance while others remain optimistic about its potential for growth.