BMO Capital Maintains Outperform on The Chefs' Warehouse, Lowers Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Kelly Bania has maintained an 'Outperform' rating on The Chefs' Warehouse (NASDAQ:CHEF), but lowered the price target from $50 to $35.

November 02, 2023 | 6:33 pm
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The Chefs' Warehouse's price target has been lowered from $50 to $35 by BMO Capital, though the 'Outperform' rating is maintained.
The lowering of the price target by BMO Capital indicates a potential decrease in the stock's value. However, the maintained 'Outperform' rating suggests that the stock is still expected to perform better than the market or other stocks in its sector. This mixed signal could lead to short-term uncertainty and potential downward pressure on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100