Market Overview

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

Share:
Related BJRI
Wunderlich Securities Reiterates Hold, Raises Price Target On BJ's Restaurants On Strong Q4 Results
Barclays Boosts Price Targets For These 7 Stocks
Papa Murphy's Holdings (FRSH) Catches Eye: Stock Up 5.8% - Tale of the Tape (Zacks)

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

DateFirmActionFromTo
Mar 2015Tigress FinancialInitiates Coverage onUnderperform
Mar 2015WedbushUpgradesNeutralOutperform
Feb 2015WunderlichMaintainsHold

View More Analyst Ratings for BJRI
View the Latest Analyst Ratings

Posted-In: WedbushAnalyst Color Downgrades Intraday Update Analyst Ratings

 

Related Articles (BJRI)

Around the Web, We're Loving...