Buffalo's management could view it favorably as the stock's current price presents limited scope for same-store sales growth and margin trajectory, they said in a client note.
Buffalo Wild Wings' (BWLD.O) shares rose almost 26 percent in early trading on Tuesday, a day after a report said the company received a $2.3-billion takeover bid from private-equity firm Roark Capital Group.
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Android Oreo released in August this year has seen an increase from last month as well, but, it's just 0.1%. Android is adding a new feature that will give you more information on apps that are draining your battery.
Buffalo Wild Wings' stock had collapsed 34 percent from $163 a share to $108 a share, throughout the previous year.
In June, Buffalo Wild Wings CEO Sally Smith announced her retirement in the wake of activist investor pressure from Marcato Capital Management, which got three of its nominees elected to Buffalo's board. Mizuho's price target points to a potential upside of 2.35% from the stock's previous close. The company has a consensus rating of "Hold" and an average target price of $131.57. The business had revenue of $496.70 million during the quarter, compared to the consensus estimate of $500.97 million. Pacad Investment Ltd. increased its stake in shares of Buffalo Wild Wings by 23.7% in the 2nd quarter. October 26 investment analysts at Wedbush held the company rating at "In-Line" with a current price target of $115.00. As of the latest earnings report the EPS was $3.84 with 15.51M shares now outstanding.
Barclays is reportedly working as Roark's financial adviser, while Goldman Sachs is working with Buffalo Wild Wings. If you are reading this piece on another domain, it was illegally copied and reposted in violation of US and worldwide copyright & trademark law. The original version of this piece can be read at https://www.dispatchtribunal.com/2017/11/14/barclays-plc-boosts-buffalo-wild-wings-inc-bwld-price-target-to-133-00.html. Koch Industries Inc. bought a new position in shares of Buffalo Wild Wings in the 2nd quarter valued at $618,000. OppenheimerFunds Inc. now owns 3,595 shares of the restaurant operator's stock worth $549,000 after acquiring an additional 1,082 shares in the last quarter. Hedge funds and other institutional investors own 89.14% of the company's stock. The Company's restaurants offer 20 to 40 domestic and imported beers on tap, including craft brews, and a selection of bottled beers, wines and liquor.