BJ's Restaurants shares are trading lower after the company reported worse-than-expected Q2 revenue results. Also, Barclays maintained an Underweight rating on the stock and lowered its price target from $36 to $35.
Portfolio Pulse from Benzinga Newsdesk
BJ's Restaurants shares are trading lower after the company reported worse-than-expected Q2 revenue results. Barclays maintained an Underweight rating on the stock and lowered its price target from $36 to $35.
July 26, 2024 | 4:32 pm
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BJ's Restaurants shares are trading lower due to worse-than-expected Q2 revenue results. Barclays maintained an Underweight rating and lowered its price target from $36 to $35.
The disappointing Q2 revenue results directly impact investor sentiment negatively. Additionally, Barclays' decision to maintain an Underweight rating and lower the price target further pressures the stock price downward.
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