BofA analyst Sara Senatore raised the firm's price target on Bloomin' Brands to $7.20 from $6 and keeps an Underperform rating on the shares. The firm raised its Q2 and FY26 EPS estimates, driven by higher revenue and stronger restaurant-level profit expectations. However, BofA believes that the competitive intensity of the steak category will continue to limit same-store sales growth upside.
