BJ’s Restaurants, Inc. Reports Fiscal 2017 Third Quarter Results

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BJ's Restaurants (BJRI) PT Lowered to $34 at Jefferies Following 3Q Miss

October 27, 2017 8:08 AM EDT

Jefferies lowered its price target on BJ's Restaurants (NASDAQ: BJRI) to $34.00 (from $39.00) while maintaining a Hold rating following the company's 3Q. EPS of $0.15 missed consensus estimates of $0.25, as SSS -1.7% vs Cons -0.7% and margins pressured by investments behind sales-driving initiatives.

Margins... More