BTIG analyst Peter Saleh raised the firm's price target on Chefs' Warehouse to $100 from $82 and keeps a Buy rating on the shares after hosting meetings with its management team. The company's sales trends remain very robust, and despite the war in the Middle East, the firm expects the company to achieve its 2028 targets early, the analyst tells investors in a research note. BTIG adds it expects significant EBTIDA margin expansion in the near and medium term as the company leverages the investments from the prior years and generates efficiencies through AI.
