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Fly News Breaks for July 15, 2019
BJRI
Jul 15, 2019 | 07:57 EDT
Wells Fargo analyst Jon Tower lowered his price target for $44 from $52 for BJ's Restaurants ahead of quarterly results as he thinks shares accurately reflect a modest Q2 same-store sales and EPS miss, but continues to believe Street numbers appear too high for 2019 and 2020 and views the risk/reward as balanced at current levels. The analyst reiterates a Market Perform rating on the shares.
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