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Brinker International Stock Pops on Analyst Upgrade
Schaeffers Investment Researchยท 2025-09-04 14:23
Group 1 - Brinker International Inc, the parent company of Chili's, saw its shares rise by 3.4% to $164.59 following an upgrade to "outperform" from "in-line" by Evercore ISI, with a new price target of $210, up from $190, driven by sustainable near-term growth and improving customer satisfaction [1] - The stock has been recovering from August lows near $150 and is currently experiencing its best daily performance in over a week, having briefly surpassed the $170 level for the first time since July, resulting in a year-to-date gain of 25% [2] - Put traders have been increasingly active over the past 10 weeks, with a 50-day put/call volume ratio of 1.52, ranking in the 96th percentile of readings from the past 12 months [3] Group 2 - Options traders are anticipating relatively low volatility for Brinker International's stock, as indicated by a Schaefer's Volatility Index (SVI) of 44%, which is in the 10th percentile of readings from the past year [4] - The stock has historically outperformed these volatility expectations, reflected in its Schaeffer's Volatility Scorecard (SVS) of 75 out of 100 [4]