Why Brinker International Stock Jumped Today

Brinker International (Chili's parent company) stock rose 3.49% after Northcoast upgraded the stock from neutral to buy with a $275 price target, implying 37% upside. The upgrade was driven by strong growth at Chili's, menu improvements, better marketing, and management confidence in achieving in-store margins exceeding 20%. While hypergrowth may be slowing, the company targets 4%-6% annual revenue growth through fiscal 2029 with double-digit adjusted EPS growth.