Bj's Restaurants, Inc. (BJRI) Misses Q3 EPS by 3c

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Go back to Bj's Restaurants, Inc. (BJRI) Misses Q3 EPS by 3c

Wedbush Cuts Price Target on Bj's Restaurants, Inc. (BJRI) to $34; Reiterates Neutral

October 20, 2016 8:05 AM EDT

Wedbush maintained a Neutral rating on Bj's Restaurants, Inc. (NASDAQ: BJRI), and cut the price target to $34.00 (from $40.00), following the company's 3Q earnings report. EPS of $0.30 was below $0.33 consensus on -3.4% SSS growth vs. -1.9% consensus. A favorable tax rate boosted reported EPS by $0.04.... More