Fogo de Chao (FOGO) Reports In-Line Q3 EPS, Trims Outlook

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Fogo de Chao (FOGO) PT Lowered to $20 at Piper Jaffray But In-Line Q3 Suggests Brand on Track

November 4, 2015 8:44 AM EST

Piper Jaffray analyst Nicole Miller Regan lowered her price target on Fogo de Chao (NASDAQ: FOGO) to $20.00 (from $27.00) following in-line Q3 but maintained an Overweight rating.

Regan commented, "Fogo reported third quarter results that were relatively in-line with expectations including earnings and... More