UPDATE: Jefferies & Company Reiterates Hold Rating, Raises PT on Chuy's Holdings
In a report published Wednesday, Jefferies & Company reiterated its Hold rating on Chuy's Holdings (NASDAQ: CHUY), and slightly raised its price target from $19.00 to $20.00.
Jefferies noted, “3Q EPS $0.13 vs our/cons $0.12. SSS in line at 1.5% & trends carrying into Oct despite tough macro (4Q guide 1-1.5%). ‘Core' comp base running ~2.4% SSS & new unit AUVs hitting target levels. '12 EPS guide raised by beat to $0.55-0.57 (cons $0.55). We remain on sidelines given valuation is still rich, but continue to like concept & highly visible EPS growth. Our 12/13 EPS to $0.56/0.65 (fr 0.55/0.64). PT $20 (fr. $19).”
Chuy's Holdings closed on Tuesday at $23.18.
Latest Ratings for CHUY
|Jul 2016||Telsey Advisory Group||Downgrades||Outperform||Market Perform|
|Jul 2016||Stifel Nicolaus||Downgrades||Buy||Hold|
|Jan 2016||Raymond James||Downgrades||Outperform||Market Perform|
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