Chefs’ Warehouse price target raised to $68 from $60 at Lake Street

Lake Street raised the firm’s price target on Chefs’ Warehouse (CHEF) to $68 from $60 and keeps a Buy rating on the shares. Chefs’ posted a “strong” Q4, beating estimates across the board, the analyst tells investors. Persistent demand trends continue, as does Chefs’ leadership position and economic moat, says the analyst, who believes the upper half of guidance in FY25 is “now visible.”