Baird Downgrades Ignite Restaurant Group (IRG) to Neutral

February 7, 2013 7:29 AM EST
Get Alerts IRG Hot Sheet
Price: $0.37 --0%

Rating Summary:
    2 Buy, 3 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Baird downgraded Ignite Restaurant Group (NASDAQ: IRG) from Outperform to Neutral with a price target of $15.00 (from $18.00) following acquisition of Macaroni Grill.

For an analyst ratings summary and ratings history on Ignite Restaurant Group click here. For more ratings news on Ignite Restaurant Group click here.

Shares of Ignite Restaurant Group closed at $14.64 yesterday.


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