newsmetry
rusign inget started
macro

Wells Fargo Trims Price Targets on Brinker and Starbucks, Keeps Overweight Ratings

Wells Fargo kept Overweight ratings on Brinker and Starbucks while lowering targets to $270 and $120 per share, according to Dow Jones Newswires.

published on Newsmetry
original source published

the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner. connect the api →

Newsmetry newsroom

what happened

Wells Fargo analysts kept their Overweight rating on Brinker International (EAT) but reduced the price target from $280 to $270 per share. Dow Jones Newswires reported the change at 13:37 GMT.

For Starbucks (SBUX), the bank maintained the same rating and lowered its target from $125 to $120 per share at 13:41 GMT. The analyst actions were compiled with data from Benzinga.

why it matters

Adjustments like these are routine: one brokerage revised its valuation of two stocks without changing its overall positive stance. The broader market usually reacts little, but consumer services investors may still weigh such signals when comparing expectations across restaurant and coffee chains.

tags

Analyst RatingStockUnited States

instruments

EATSBUX

sources

  1. Brinker International Is Maintained at Overweight by Wells Fargo — Dow Jones Newswires, 21 October 2026 at 13:37 UTC
  2. Starbucks Is Maintained at Overweight by Wells Fargo — Dow Jones Newswires, 21 October 2026 at 13:41 UTC
  3. AGNC Investment Is Maintained at Overweight by Wells Fargo — Dow Jones Newswires, 21 October 2026 at 13:48 UTC
  4. Dutch Bros Is Maintained at Overweight by Wells Fargo — Dow Jones Newswires, 21 October 2026 at 13:45 UTC
  5. Intuitive Surgical Is Maintained at Overweight by Wells Fargo — Dow Jones Newswires, 21 October 2026 at 13:51 UTC
  6. MSCI Inc Is Maintained at Overweight by Wells Fargo — Dow Jones Newswires, 21 October 2026 at 14:05 UTC
  7. SpaceX Is Maintained at Overweight by Wells Fargo — Dow Jones Newswires, 21 October 2026 at 14:14 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner.

get stories in real time ↗

related stories