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deutsche bank lowers bloomin brands price target maintains hold rating

Deutsche Bank has lowered its price target for Bloomin' Brands, Inc. to $12 from $15 while maintaining a hold rating. The company operates over 1,450 casual dining restaurants, including Outback Steakhouse, Carrabbas Italian Grill, Bonefish Grill, and Flemings Prime Steakhouse & Wine Bar, across the U.S. and internationally.

bloomin brands maintains neutral rating amid diverse restaurant offerings

Bloomin' Brands, Inc. operates over 1,450 casual dining restaurants across 47 states, Guam, and 13 countries, featuring four main brands: Outback Steakhouse, Carrabbas Italian Grill, Bonefish Grill, and Flemings Prime Steakhouse & Wine Bar. Each brand offers a unique culinary experience, from Australian-inspired steaks to authentic Italian dishes and fresh seafood. The company is divided into U.S. and International segments, catering to diverse dining preferences.
17:05 11.11.2024
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