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Gen Restaurant Group price target raised to $13.50 from $10 at Craig-Hallum

Craig-Hallum analyst Jeremy Hamblin raised the firm’s price target on Gen Restaurant Group to $13.50 from $10 and keeps a Buy rating on the shares. The firm notes Gen Restaurant Group delivered solid Q1 results, which included beats on total sales and adjusted EBITDA driven by same-store sales that were well ahead of consensus as trends improved in March.

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