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Fly News Breaks for April 20, 2017
BJRI
Apr 20, 2017 | 06:52 EDT
Wedbush analyst Nick Setyan upgraded BJ's Restaurant to Neutral and raised its price target to $41 from $31.50 following checks that indicate inline Q1 same-store-sales growth and the potential for 2H 2017 same-store-sales growth and margin improvement. The analyst increased his 2H comp expectations by 50 bps and said the expected rollout of higher average check slow roasted items, hand-held tablet/ordering technology, and third party delivery initiatives driving 2H mix and transaction growth.
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