tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Chefs’ Warehouse price target raised to $51 from $44 at Jefferies

Jefferies analyst Andy Barish raised the firm’s price target on Chefs’ Warehouse to $51 from $44 and keeps a Buy rating on the shares. In a Q2 foodservice distribution preview note, the analyst pointed to Q2 results being “mostly inline,” but added that the firm sees EBITDA growth as set to accelerate in the second half and FY25 as elevated OpEx from acquisition integrations diminishes.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1