Bank of America Securities Reaffirms Their Sell Rating on Bloomin’ Brands (BLMN)
In a report released today, Sara Senatore from Bank of America Securities reiterated a Sell rating on Bloomin’ Brands, with a price target of $7.20.
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According to TipRanks, Senatore is a 3-star analyst with an average return of 1.3% and a 48.46% success rate. Senatore covers the Consumer Cyclical sector, focusing on stocks such as First Watch Restaurant Group, Portillo’s, and Domino’s Pizza.
In addition to Bank of America Securities, Bloomin’ Brands also received a Sell from J.P. Morgan’s John Ivankoe in a report issued on April 28. However, today, Barclays assigned a Hold rating to Bloomin’ Brands (NASDAQ: BLMN).
Based on Bloomin’ Brands’ latest earnings release for the quarter ending December 28, the company reported a quarterly revenue of $975.22 million and a GAAP net loss of $13.48 million. In comparison, last year the company earned a revenue of $597.51 million and had a GAAP net loss of $79.46 million
Based on the recent corporate insider activity of 39 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of BLMN in relation to earlier this year. Most recently, in March 2026, Rohit Lal, a Director at BLMN bought 10,000.00 shares for a total of $56,900.00.
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