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Fly News Breaks for October 28, 2019
BJRI
Oct 28, 2019 | 07:12 EDT
Deutsche Bank analyst Brian Mullan downgraded BJ's Restaurants to Hold from Buy with an unchanged price target of $44. The stock's risk/reward has quickly shifted towards balanced following Friday's 18% post-earnings rally, Mullan tells investors in a research note. Further, the company's buyback activity is likely to slow at current share levels, adds the analyst.
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