Wedbush analyst Nick Setyan downgraded Chuy‘s (CHUY) to Neutral from Outperform with a price target of $37.50, down from $38. The firm said that the likelihood of Darden’s (DRI) acquisition of Chuy’s is “high,” and that it views competing bidders as unlikely.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CHUY:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue