Bloomin' Brands upgraded to Buy from Hold at Deutsche Bank Deutsche Bank upgraded Bloomin' Brands to Buy citing valuation and the company's above-average growth. The firm has a $27 price target for shares.
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Bloomin' Brands sell-off an overreaction, says Deutsche Bank Deutsche Bank lowered its price target for Bloomin' Brands shares to $20 from $27 following the company's guidance reduction, but it views yesterday's sell-off as an overreaction. The firm believes the risk/reward is skewed to the upside and keeps a Buy rating on the stock.