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Benzinga
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Wall Street's Most Accurate Analysts Spotlight On 3 Consumer Stocks Delivering High-Dividend Yields

1. BLMN's dividend yield is currently at 9.08%. 2. Analysts cut BLMN's price targets, signaling cautious outlook. 3. Recent Q2 results led to a downward adjustment in EPS guidance. 4. BMO Capital maintains Market Perform rating; Barclays cuts to Equal-Weight. 5. Investor sentiment might shift towards dividend stocks amidst market turbulence.

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FAQ

Why Bearish?

The downward revision of price targets and EPS guidance raises concerns over BLMN's profitability, reminiscent of past struggles like the 2020 pandemic impact on hospitality stocks.

How important is it?

The combination of dividend yield and recent analyst downgrades signifies considerable implications for BLMN's attractiveness to investors.

Why Short Term?

The immediate response to lowered EPS guidance could dampen investor confidence, similar to market reactions observed in other hospitality sectors during earnings season.

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