Stephens & Co. Maintains Overweight on Chuy's Holdings, Lowers Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Joshua Long maintains an Overweight rating on Chuy's Holdings (NASDAQ:CHUY) but has lowered the price target from $45 to $40.
November 03, 2023 | 3:14 pm
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Chuy's Holdings' price target has been lowered from $45 to $40 by Stephens & Co., though the Overweight rating is maintained.
The news is directly about Chuy's Holdings. The lowering of the price target might indicate a less optimistic outlook for the company's stock, which could potentially impact its price. However, the maintained Overweight rating suggests that the analyst still believes the stock will outperform its peers, which could counterbalance the negative impact of the lowered price target.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100