Fiesta Restauran (FRGI) Tops Q4 EPS by 2c

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Fiesta Restaurant Group (FRGI) Starts '16 On Better Note - Jefferies

February 25, 2016 9:36 AM EST

Jefferies analyst, Alexander Slagle, thinks the outlook for Fiesta Restaurant Group (NASDAQ: FRGI) is improving but the reset involves a price target reduction while maintaining the Buy rating.

4Q Op EPS beat on lower food costs & tax rate as Taco Cabana SSS better than expected & Pollo Tropical SSS only modestly softer than upwardly revised expectations. QTD trends solid, suggesting recent initiatives are... More