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Examining the Potential Price Growth of Brinker International, Inc (EAT)

Brinker International, Inc’s recently made public that its SVP & COO, Chili’s Comings Douglas N. unloaded Company’s shares for reported $2.06 million on Feb 13 ’25. In the deal valued at $159.57 per share,12,931 shares were sold. As a result of this transaction, Comings Douglas N. now holds 25,233 shares worth roughly $3.86 million.

Then, Comings Douglas N. bought 12,931 shares, generating $2,063,426 in total proceeds.

Before that, Comings Douglas N. sold 7,500 shares. Brinker International, Inc shares valued at $1,253,250 were divested by the SVP & COO, Chili’s at a price of $167.10 per share. As a result of the transaction, Comings Douglas N. now holds 26,752 shares, worth roughly $4.09 million.

Northcoast upgraded its Brinker International, Inc [EAT] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including KeyBanc Capital Markets’s analysts, who decreased its forecast for the stock in late January from “an Overweight” to “a Sector weight”. Argus also remained covering EAT and has increased its forecast on December 24, 2024 with a “Buy” recommendation from previously “Hold” rating. Morgan Stanley revised its rating on December 20, 2024. It rated EAT as “an Equal-weight” which previously was an “an Underweight”.

Price Performance Review of EAT

On Friday, Brinker International, Inc [NYSE:EAT] saw its stock jump 5.66% to $153.07. Over the last five days, the stock has lost -3.36%. Brinker International, Inc shares have risen nearly 15.71% since the year began. Nevertheless, the stocks have risen 241.52% over the past one year. While a 52-week high of $192.21 was reached on 02/04/25, a 52-week low of $43.37 was recorded on 01/02/25. SMA at 50 days reached $149.98, while 200 days put it at $98.10.

Levels Of Support And Resistance For EAT Stock

The 24-hour chart illustrates a support level at 148.05, which if violated will result in even more drops to 143.02. On the upside, there is a resistance level at 155.65. A further resistance level may holdings at 158.23. The Relative Strength Index (RSI) on the 14-day chart is 45.35, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -15.55, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 80.11%. Stochastics %K at 8.82% indicates the stock is a buying.

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