As previously reported, Argus has promoted Brinker (He eats) to buy from Hold for $150 Price target The company’s trends are improving, with restaurant sales and traffic growth moving higher, an analyst tells investors in a research note. The company adds that the improved performance reflects streamlined management efforts through its menu, price increases, and increased investment in staffing at Brinker, while its streamlined operations generate better efficiencies in the kitchen and in overall operations.
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