UPDATE - Barclays Initiates Coverage on BJ's Restaurants (BJRI) with an Overweight; Growth, Growth and More Growth
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Price: $66.76 +3.94%
Rating Summary:
17 Buy, 13 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 6 | New: 26
Rating Summary:
17 Buy, 13 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 6 | New: 26
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UPDATE - Barclays initiates coverage on BJ's Restaurants (Nasdaq: BJRI) with an Overweight rating. PT $57.
Analyst, Jeffrey A. Bernstein, said, "The 'polished' casual diner is in the very early stages of justifiable unit growth, differentiated in an otherwise crowded bar & grill segment. And while the 'growth' valuation is often a concern for investors, we believe the early stage of such growth justifies the return to a premium vs. high-growth peers, with the runway for BJRI unit growth well beyond peers."
To see more ratings on BJRI, Click Here
Analyst, Jeffrey A. Bernstein, said, "The 'polished' casual diner is in the very early stages of justifiable unit growth, differentiated in an otherwise crowded bar & grill segment. And while the 'growth' valuation is often a concern for investors, we believe the early stage of such growth justifies the return to a premium vs. high-growth peers, with the runway for BJRI unit growth well beyond peers."
To see more ratings on BJRI, Click Here
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