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Fly News Breaks for February 15, 2018
BJRI
Feb 15, 2018 | 07:22 EDT
As previously reported, Wedbush analyst Nick Setyan upgraded BJ's Restaurants to Outperform from Neutral saying that based on early signs of same-store sales growth stabilization in-line to above current expectations, he now believes upside to his and consensus estimates exist. The analyst also expects valuation to expand toward the high end of casual dining peers as relative same-store sales growth outperformance widens. Setyan also raised his price target on the shares to $44 from $37.
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