Brinker International's Chili's Expected to Drive Solid Fiscal Q4, UBS Says

UBS anticipates that Brinker International's Chili's brand will be a significant driver of the company's strong fiscal Q4 performance. The firm has reiterated a Buy rating on Brinker International and increased its price target to $260 from $190, reflecting positive outlooks for the restaurant chain. This forecast comes amidst several recent analyst adjustments and company activities, including share redemptions and updated earnings guidance for fiscal year 2026.