Ignite Restaur (IRG) Tops Q4 EPS by 2c

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Ignite Restaurant Group (IRG) PT Cut to $5 at Piper Jaffray

March 16, 2015 8:15 AM EDT

Piper Jaffray analyst Nicole Miller Regan reiterated a Neutral rating while cutting her price target on Ignite Restaurant Group (NASDAQ: IRG) to $5.00 (from $8.00) following Q4 resuls.

Regan commented, "Ignite Restaurants delivered 4Q14 adjusted earnings per share of ($0.25) vs. consensus estimates of ($0.27). 1Q15-to-date we... More