UPDATE: Jefferies Raises PT on Red Robin Gourmet Burgers Following In-Line EPS
May 22, 2013 at 10:18 AM EDT
In a report published Wednesday, Jefferies analyst Alexander Slagle reiterated a Hold rating on Red Robin Gourmet Burgers (NASDAQ: RRGB ), and raised the price target from $48.00 to $53.00. In the report, Jefferies noted, “EPS inline, but 2.2% SSS beat our 2.0%/cons 0.6% with stronger mix & better than
