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News 2026-09-29 14:07 UTC

Bloomin' Brands (BLMN) Shares Skyrocket, What You Need To Know

What Happened? Shares of restaurant company Bloomin’ Brands NASDAQ:BLMNjumped 5.1% in the pre-market session after JPMorgan upgraded the company from Underweight to Neutral and raised its price target to $13.00 from $6.00, as reported by Investing.com.The upgrade followed an in-person lunch at an O…