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BLMN
Benzinga
202 days

Wall Street's Most Accurate Analysts Weigh In On 3 Consumer Stocks With Over 5% Dividend Yields

1. Dividend-yielding stocks attract investors during market turbulence. 2. Bloomin' Brands has a dividend yield of 7.71%. 3. BofA Securities downgraded BLMN from Neutral to Underperform. 4. Price target cut from $18 to $13 by BofA. 5. Analyst Dennis Geiger maintained Neutral rating but lowered target to $13.

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FAQ

Why Bearish?

Downgrades by multiple analysts significantly lower BLMN's price target, suggesting weak performance.

How important is it?

The article discusses analyst downgrades, directly affecting BLMN’s perceived value.

Why Short Term?

Analyst actions typically influence stock prices quickly, impacting BLMN's near-term outlook.

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