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Bob Evans Farms Upgraded At KeyBanc, Notes Improved Environment And Leadership Structure

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Bob Evans Farms, Inc. NASDAQ:BOBE - Bob Evans Farms Upgraded At KeyBanc, Notes Improved Environment And Leadership Structure

Shares of Bob Evans Farms Inc BOBE 3.38% have seen selling pressure this summer, as the company underperformed the KBCM Restaurant index. The stock has dipped nearly 15 percent since July 1, while the index has only lost around 2 percent.

In a report published Monday, KeyBanc analyst Chris O'Cull upgraded shares of Bob Evans to Sector Weight from Underweight (with no assigned target), citing expectations for restaurant stocks to now outperform as...


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