Brinker International (EAT) NewsBite - EAT Upgraded By Sun Trust Robinson Humphrey
Posted: Tuesday, February 09, 2010 9:59 AM EDT
By: Market Intelligence Center Staff
Brinker International (EAT) was upgraded today by analysts at Sun Trust Robinson Humphrey and the stock is now at $16.75, up $0.45 (2.76%) on volume of 173,759 shares traded. The analysts lifted EAT to Buy from Neutral. Over the last 52 weeks the stock has ranged from a low of $9.65 to a high of $20.09. Brinker International stock has been showing support around $15.87 and resistance in the $16.81 range. Technical indicators for the stock are neutral and S&P gives EAT a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on EAT the stock seems like it could be a candidate for a July out-of-the-money bull-put credit spread below the 12.50 range. [ABR-Seven Summits Strategic Investments NewsBite]
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