Bojangles' (BOJA) Tops Q3 EPS by 5c

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Piper Jaffray Cuts Price Target on Bojangles' (BOJA) Narrowed Multiple

November 5, 2015 9:20 AM EST

Piper Jaffray maintained a Neutral rating on Bojangles' (NASDAQ: BOJA), and cut the price target to $20.00 (from $29.00), following the company's 3Q earnings report. The company reported 3Q15 operating earnings of $0.23 vs. consensus expectations of $0.18 per share. Similarly, EBITDA came in at $19.0 million vs. expectations at $17.2 million.... More