Wedbush Reiterates Outperform on BJ's Restaurants, Maintains $32 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Nick Setyan has reiterated an Outperform rating on BJ's Restaurants (NASDAQ:BJRI) and maintained a $32 price target.
October 20, 2023 | 10:05 am
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Wedbush analyst has reiterated an Outperform rating on BJ's Restaurants and maintained a $32 price target.
The reiteration of an Outperform rating by a well-known analyst like Nick Setyan from Wedbush is a positive signal for BJ's Restaurants. It indicates that the analyst believes the company's stock will outperform the market. The maintained price target of $32 also shows confidence in the company's future performance. This could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100