Chuy's Holdings (CHUY) Tops Q1 EPS by 5c; Lifts FY16 EPS Outlook

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Jefferies Raises Price Target as Chuy's Holdings (CHUY) Continues with Caution

May 4, 2016 8:28 AM EDT

Jefferies reiterated a Hold rating on Chuy's Holdings (NASDAQ: CHUY), and raised the price target to $33.00 (from $31.00), following the company's 1Q earnings report. Better than expected SSS of 3.2% and RLMs of 20.4% drove CHUY to an EPS beat of $0.27 vs. the consensus estimates of $0.22. However,... More