BJ’s Restaurants price target raised to $37 from $34 at Barclays

Barclays analyst Jeffrey Bernstein raised the firm’s price target on BJ’s Restaurants (BJRI) to $37 from $34 and keeps an Equal Weight rating on the shares. The company’s Q4 results “were impressive top to bottom,” the analyst tells investors in a research note. The firm says that while brand is seeing early signs of traction, new unit growth will take time.