Jefferies raised the firm’s price target on Chefs’ Warehouse (CHEF) to $60 from $58 and keeps a Buy rating on the shares. No Q4 update was issued in conjunction with the ICR conference, but initial 2025 adjusted EBITDA guidance was in-line at the mid-point and the medium to longer-term growth outlook was also reiterated, the analyst tells investors in an ICR takeaways note.
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Read More on CHEF:
- The Chefs’ Warehouse Announces 2025 Financial Guidance
- Chefs’ Warehouse sees FY25 net sales guidance $3.94B-$4.04B, consensus $4.02B
- Chefs’ Warehouse price target raised to $58 from $50 at BTIG
- Chefs’ Warehouse price target raised to $60 from $55 at BMO Capital
- Chefs’ Warehouse price target raised to $58 from $53 at Jefferies