Market Overview

UPDATE: Wedbush Downgrades BJ's Restaurants to Neutral on Muted Comps and Margin Outlook

Related BJRI
Morgan Stanley Believes BJ's Restaurants Valuation Is 'More Reasonable, Stock No Longer A Sell
Benzinga's Top Upgrades

Wedbush reduced its rating on BJ's Restaurants (NASDAQ: BJRI) from Outperform to Neutral and lowered its price target from $40 to $34.

Wedbush commented, "We believe BJRI's exposure to commodity inflation and healthcare legislation, combined with muted transaction trends that could limit management's ability to offset cost increases through menu pricing, could result in limited margin opportunities, particularly at the unit level, in 2013 and 2014."

BJ's Restaurants closed at $35.28 on Tuesday.

Latest Ratings for BJRI

Oct 2015BarclaysMaintainsUnderweight
Sep 2015Morgan StanleyUpgradesUnderweightEqual-weight
Jul 2015Stifel NicolausMaintainsBuy

View More Analyst Ratings for BJRI
View the Latest Analyst Ratings

Posted-In: WedbushAnalyst Color Downgrades Intraday Update Analyst Ratings


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