Chuy’s downgraded to Neutral from Outperform at Wedbush

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.