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A report released today by Wedbush about Chuy's Holdings Inc (NASDAQ:CHUY) drops the target price to $23.00

Yesterday Chuy's Holdings Inc (NASDAQ:CHUY) traded 3.40% higher at $23.70. The company’s 50-day moving average is $20.18 and its 200-day moving average is $25.39. The last closing price is down -22.21% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time period. 484,089 shares of the stock traded hands, up from an average trading volume of 226,716

Stating a potential downside of -0.03%, Wedbush reduced the stock price target of Chuy's Holdings Inc (NASDAQ:CHUY) to $23.00

See Chart Below

Chuy's Holdings Inc (NASDAQ:CHUY)

Chuy's Holdings Inc has a 52 week low of $18.00 and a 52 week high of $35.30 with a P/E ratio of 19.93 The company’s market cap is currently $0.

About Chuy's Holdings Inc (NASDAQ:CHUY)

Chuy's Holdings, Inc. operates Chuy's, a restaurant concept offering a distinct menu of authentic, freshly prepared Mexican and Tex-Mex inspired food. As of December 25, 2016, the Company operated 80 Chuy's restaurants across 16 states. The Company offers the same menu during lunch and dinner, which includes enchiladas, fajitas, tacos, burritos, combination platters and daily specials, complemented by a range of appetizers, soups and salads. Each of the Company's restaurants offers a range of homemade sauces, including the signature Hatch green chile and creamy jalapeno sauces. The Company also offers a full-service bar in all of its restaurants providing its customers a range of beverage offerings, featuring a selection of specialty cocktails including its signature on-the-rocks margaritas made with fresh, hand-squeezed lime juice, and the Texas Martini, a made-to-order, hand-shaken cocktail served with jalapeno-stuffed olives.

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