UPDATE: Piper Jaffray Initiates Fiesta Restaurant Group at Overweight on Favorable Outlook

In a report published Wednesday, Piper Jaffray analyst Nicole Miller Regan initiated coverage on Fiesta Restaurant Group (NASDAQ: FRGI ) with an Overweight rating and $30.00 price target. In the report, Miller Regan noted, “Our favorable outlook is based on the industry precedent in regards to spinning out and unlocking