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Restaurant Stock Ripe For Upgrades, Bullish Price Action
Forbes· 2025-07-16 19:30
Shares of Brinker International (EAT) are up 1% to trade at $166.25 last check, somewhat distant from their Feb. 4 record peak of $192.22. Although the restaurant chain rallied off its April 7 pullback, it’s been unable to break out and remain above $180. The security still sports a 25.8% year-to-date lead, however, and could soon erase more of these recent losses thanks to a historically bullish trendline.According to Schaeffer’s Senior Quantitative Analyst Rocky White, EAT is within one standard deviation ...