Lake Street raised the firm’s price target on Chefs’ Warehouse (CHEF) to $68 from $60 and keeps a Buy rating on the shares. Chefs’ posted a “strong” Q4, beating estimates across the board, the analyst tells investors. Persistent demand trends continue, as does Chefs’ leadership position and economic moat, says the analyst, who believes the upper half of guidance in FY25 is “now visible.”
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Read More on CHEF:
- Chefs’ Warehouse price target raised to $68 from $58 at BTIG
- The Chefs’ Warehouse: Strong Growth, Strategic Expansion, and Positive Outlook Reinforce Buy Rating
- The Chefs’ Warehouse Reports Strong Q4 2024 Results
- Chefs’ Warehouse sees FY25 net sales $3.94B-$4.04B, consensus $4B
- Chefs’ Warehouse reports Q4 EPS 55c, consensus 51c