BUZZ-UBS sees improved US restaurant sector in 2026, Brinker up after upgrade

Reuters
2026.01.06 16:39
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UBS is optimistic about the U.S. restaurant sector in 2026, citing benefits from the One Big Beautiful Bill Act and improving sales trends, particularly for upper-income consumers. The brokerage upgraded Brinker International to "buy" with a price target increase to $175, resulting in a 5% share price rise. UBS also favors Dutch Bros as a top pick due to strong growth, while remaining positive on Chipotle. However, it downgraded Sweetgreen to "neutral" due to expected slow recovery in sales and traffic amid ongoing macro pressures.