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Fly News Breaks for March 17, 2015
BJRI
Mar 17, 2015 | 07:24 EDT
Wedbush upgraded BJ's Restaurant to Outperform and increased its price target to $63 from $54. The firm upgraded shares based on checks that indicate Q1 same-store-sales growth is ahead of consensus, long-term growth will re-accelerate to 10%+ top-line and 20%+ EPS, earnings will beat 2015 and 2016 expectations, and multiple will expand. Wedbush raised BJ's Restaurants price target to $63 from $54.
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