Wolfe Research Upgrades Brinker International (EAT) to Outperform

Brinker International, Inc. (NYSE:EAT) is one of the 11 Best Stocks You’ll Wish You Bought Sooner.

Wolfe Research Upgrades Brinker International (EAT) to Outperform

On March 9, 2026, Wolfe Research upgraded its rating on Brinker International, Inc. (NYSE:EAT) from Peer Perform to Outperform. The firm maintained a price target of $184 on the company’s stock. Wolfe Research cited the earned value credibility of the company’s Brinker’s Chili’s unit and the outperformance in its traffic.

In line with this sentiment, JPMorgan raised its price target on Brinker International, Inc. (NYSE:EAT) from $187 to $190 on March 16, 2026. The firm’s analyst John Ivankoe maintained an Overweight rating on the company’s stock. JPMorgan noted that Brinker International, Inc. (NYSE:EAT)’s Chili’s brand is “generating a flywheel of success,” and the momentum allows for reinvestments into a consistent remodeling program and provides a clear path for the company to return to unit growth.

According to CNN, Brinker International, Inc. (NYSE:EAT) maintains a consensus Buy rating from 23 analysts covering the company, as of March 29, 2026. The analysts have forecasted a 1-year average upside potential of 42.14%.

Founded in 1975, Brinker International, Inc. (NYSE:EAT) is one of the world’s leading casual dining restaurant companies. Headquartered in Texas, the company owns, operates, and franchises over 1,600 locations through its core brands, Chili’s Grill & Bar and Maggiano’s Little Italy.

While we acknowledge the risk and potential of EAT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than EAT and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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