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Chefs’ Warehouse price target raised to $60 from $55 at BMO Capital

BMO Capital raised the firm’s price target on Chefs’ Warehouse (CHEF) to $60 from $55 and keeps an Outperform rating on the shares as part of a broader research note previewing 2025 in Food Retail. The company has the potential to regain its more premium multiple as it continues to generate solid organic growth in a fragmented market and focuses on capital allocation, integrating, and harvesting capacity expansions in 2025 and 2026, the analyst tells investors in a research note.

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