BofA Securities downgraded Bloomin’ Brands from Neutral to Underperform, cutting the price target to $13. The company has faced a consistent decline in transaction growth, particularly within its largest brand, Outback.
Latest Ratings for BLMN
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Feb 2022 | Morgan Stanley | Maintains | Equal-Weight | |
| Feb 2022 | Deutsche Bank | Maintains | Buy | |
| Feb 2022 | BMO Capital | Maintains | Outperform |
