Roth Capital Re-Starts Cosi Inc. (COSI) at Buy

Roth Capital re-initiates coverage on Cosi Inc. (NASDAQ: COSI) with a Buy rating and a price target of $2.60.\

Analyst Anton Brenner commented, "Cosi, one of the earliest fast casual restaurant concepts, has never been profitable over its 19-year existence. R.J. Dourney, who operated a successful and profitable Cosi franchise, was named CEO last year and his restaurants have been acquired by Cosi. A number of operational changes, store refreshes and menu revisions are being implemented and initial results have been positive. We look for Cosi to become EBITDA positive by Q4 and to attain positive EPS in 1H 2016."

For an analyst ratings summary and ratings history on Cosi Inc. click here. For more ratings news on Cosi Inc. click here.

Shares of Cosi Inc. closed at $0.98 yesterday.

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