BMO Capital analyst Andrew Strelzik today upgraded Bloomin’ Brands to Outperform from Market Perform. The analyst raised their target to $22 from $17. Strelzik. The target increase comes on the belief that the company’s post-pandemic earnings could reach $450M from it’s virtual brands, which comes from the investment firms research analysis.
STA Research has a average target of $17, and a consensus Buy rating. The technical indicator is currently slightly bearish.