Benchmark Maintains Buy on The Chefs' Warehouse, Lowers Price Target to $49
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Todd Brooks maintains a Buy rating on The Chefs' Warehouse (NASDAQ:CHEF) but lowers the price target from $54 to $49.
September 12, 2023 | 12:29 pm
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NEUTRAL IMPACT
The Chefs' Warehouse's price target has been lowered from $54 to $49 by Benchmark, though the Buy rating is maintained.
The news is directly related to The Chefs' Warehouse and is likely to influence investor sentiment. While the Buy rating is maintained, the lowering of the price target may indicate a potential slowdown in growth or increased risk, which could have a neutral to slightly negative impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100