Del Frisco's (DFRG) Reports In-Line Q4 EPS; Guides FY16 EPS Below Views
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Piper Jaffray Remains Sidelined on Del Frisco's (DFRG) as Sales Drive Slight EPS Beat
March 3, 2016 7:16 AM ESTPiper Jaffray reiterated a Neutral rating on Del Frisco's Restaurant (NASDAQ: DFRG), and raised the price target to $16.00 (from $13.00), following the company''s 4Q earnings report. 4Q operating earnings came in at $0.36 per share, slightly below consensus at $0.38. Results were driven by a blended same-store sales result of (2.2%) including (1.6%) at the Double Eagle, (1.8%) at Sullivan's, and (4.5%) at the... More
