Stephens & Co. Reiterates Equal-Weight on BJ's Restaurants, Maintains $35 Price Target
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Joshua Long has reiterated an Equal-Weight rating on BJ's Restaurants (NASDAQ:BJRI) and maintained a price target of $35. This indicates that the analyst believes BJRI stock is fairly valued at its current price and is not expected to significantly outperform or underperform the market.
November 20, 2023 | 9:18 am
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Stephens & Co. analyst Joshua Long has maintained an Equal-Weight rating and a $35 price target on BJ's Restaurants, suggesting a neutral outlook on the stock's performance.
The reiteration of an Equal-Weight rating and maintenance of the price target by Stephens & Co. implies that the analyst sees no significant change in the company's valuation or prospects. This is likely to have a neutral impact on the stock price in the short term as it does not alter the investment thesis for current or potential investors.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100