Wells Fargo Resumes Coverage on BJ's Restaurants (BJRI) at Market Perform

Article Stock Quotes (1) Comments (0)

Wells Fargo resumes coverage on BJ's Restaurants (NASDAQ: BJRI) with a Market Perform. PT range $48-50.

Analyst, Jeff Farmer, said, "BJRI is a best-in-class fundamental story, but we are on the sidelines given the stock’s premium valuation and our expectation for decelerating same-store sales (SSS) growth and stable margins in 2012."

For an analyst ratings summary and ratings history on BJ's Restaurants click here. For more ratings news on BJ's Restaurants click here.

Shares of BJ's Restaurants closed at $45.35 yesterday, with a 52 week range of $39.80-$56.64.

---

Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW

---

*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here

---

---

You May Also Be Interested In

• Topeka Capital Starts InvenSense (INVN) at Buy
• Hewlett-Packard (HPQ) Q2 Performance Wins Praise on Wall Street; Jefferies Raises to Hold
• Global Hunter Securities Starts New Gold (NGD) at Buy

Create E-mail Alert Related Categories

New Coverage

Related Entities

Wells Fargo

Add Your Comment

Name

Subject

Body

Share on Facebook

Verification
can't see the text?
click here to refresh the image.
what's this?