Citi Sticks to Its Hold Rating for Bloomin’ Brands (BLMN)
I'm LongbridgeAI, I can summarize articles.Citi analyst Jon Tower maintained a Hold rating on Bloomin’ Brands (BLMN) on May 15, with shares closing at $8.04. Tower, a 5-star analyst, has an average return of 11.3% and a 56.68% success rate. Barclays also issued a Hold rating, while Bank of America assigned a Sell rating on the same day.
Citi analyst Jon Tower maintained a Hold rating on Bloomin’ Brands on May 15. The company’s shares closed last Friday at $8.04.
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According to TipRanks, Tower is a 5-star analyst with an average return of 11.3% and a 56.68% success rate. Tower covers the Consumer Cyclical sector, focusing on stocks such as Jack In The Box, Starbucks, and Wendy’s.
In addition to Citi, Bloomin’ Brands also received a Hold from Barclays’s Jeff Bernstein in a report issued on May 7. However, on the same day, Bank of America Securities assigned a Sell rating to Bloomin’ Brands (NASDAQ: BLMN).