UPDATE: DA Davidson Terminates Coverage on BJ'S RESTAURANTS

DA Davidson says it is dropping its Neutral rating on BJ's Restaurants

due to the departure of the analyst that covered the company. DA Davidson notes, "Due to the departure of our analyst we are dropping coverage of BJRI shares effective immediately. All estimates, target prices and rating (Neutral) published by D.A. Davidson & Co. on April 27, 2012 are now being vacated." BJRI closed at $42.99 on Monday.