Bj's Restaurants, Inc. (BJRI) Tops Q1 EPS by 7c

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Jefferies Cuts Price Target on Bj's Restaurants, Inc. (BJRI) to $46 Following 1Q Results

April 22, 2016 8:29 AM EDT

Jefferies maintained a Hold rating on BJ's Restaurants (NASDAQ: BJRI), and cut the price target to $46.00 (from $48.00), following the company's 1Q earnings report. BJRI reported an EPS of $0.47, beating the consensus of $0.40, as ongoing cost efficiencies, slightly lower commodity costs and lower workers... More