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Benchmark upgrades BJ’s Restaurants to Buy on continued operational improvement

As previously reported, Benchmark analyst Todd Brooks upgraded BJ’s Restaurants (BJRI) to Buy from Hold with a $44 price target after the company reported Q2 results that “continued to show material margin progress from management’s recent strategic efforts.” The firm, which notes that adjusted EPS and AEBITDA beat consensus, sees “obvious operating improvements,” combined with a “winning” traffic-driving value platform.

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