Barclays Maintains Underweight on BJ's Restaurants, Lowers Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jeffrey Bernstein has maintained an Underweight rating on BJ's Restaurants and lowered the price target from $35 to $32.
November 01, 2024 | 1:54 pm
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Barclays has maintained an Underweight rating on BJ's Restaurants and reduced the price target from $35 to $32, indicating a bearish outlook.
The Underweight rating suggests that Barclays expects BJ's Restaurants to underperform relative to the market. The lowered price target from $35 to $32 further indicates a negative outlook, likely leading to a short-term decrease in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100