Wedbush Starts Fiesta Restaurant Group (FRGI) at Outperform
Tweet
Share
E-mailGet Alerts FRGI Hot Sheet
Price: $8.49 --0%
Rating Summary:
4 Buy, 5 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
4 Buy, 5 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Join SI Premium – FREE
Wedbush initiates coverage on Fiesta Restaurant Group (NASDAQ: FRGI) with a Outperform. PT $24.00.
The firm comments, "We believe FRGI’s current discount to growth peers is unwarranted given Pollo Tropical’s best-in-class unit economics, SSS growth outperformance and continued momentum, acceleration in unit development and revenue growth, the prospect of monetization of Taco Cabana, and the likelihood of increased investor awareness of these factors going forward."
For an analyst ratings summary and ratings history on Fiesta Restaurant Group click here. For more ratings news on Fiesta Restaurant Group click here.
Shares of Fiesta Restaurant Group closed at $17.91 yesterday.
The firm comments, "We believe FRGI’s current discount to growth peers is unwarranted given Pollo Tropical’s best-in-class unit economics, SSS growth outperformance and continued momentum, acceleration in unit development and revenue growth, the prospect of monetization of Taco Cabana, and the likelihood of increased investor awareness of these factors going forward."
For an analyst ratings summary and ratings history on Fiesta Restaurant Group click here. For more ratings news on Fiesta Restaurant Group click here.
Shares of Fiesta Restaurant Group closed at $17.91 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- ICICI Securities Resumes Oberoi Realty Ltd (OBER:IN) at Buy (1)
- Axis Capital Limited Assumes Jubilant Foodworks Ltd (JUBI:IN) at Reduce (3)
- JPMorgan Resumes SanDisk (SNDK) at Overweight
Create E-mail Alert Related Categories
New CoverageSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
