UPDATE: Stifel Downgrades Chuy's Holdings (CHUY) to Hold Following Strong Performance

April 9, 2021 2:41 AM EDT
Get Alerts CHUY Hot Sheet
Price: $42.49 +1.46%

Rating Summary:
    3 Buy, 10 Hold, 0 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 30 | Down: 4 | New: 24
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(Updated - April 9, 2021 3:38 AM EDT)

Stifel analyst Chris O'Cull downgraded Chuy's Holdings (NASDAQ: CHUY) from Buy to Hold with a price target of $372.00 (from $373.00).

The analyst comments "Following a strong performance in recent months, CHUY's current stock price exceeds our $45 target price; therefore, we adjust our rating to Hold. We remain highly confident in the company's near- and long-term outlook, and we would consider becoming more constructive on pullbacks to the high $30 range or if the share price remains unchanged as earnings increase over time. Our SRS/EPS estimates and $45 12-month target price are unchanged."

For an analyst ratings summary and ratings history on Chuy's Holdings click here. For more ratings news on Chuy's Holdings click here.

Shares of Chuy's Holdings closed at $47.49 yesterday.


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