Fogo de Chão Welcomes the Fresh Flavors of Spring
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Jefferies Reiterates Buy on Fogo de Chao (FOGO) Following In-Line 4Q EPS
March 16, 2016 8:46 AM EDTJefferies maintained a Buy rating on Fogo de Chao (NASDAQ: FOGO), and cut the price target to $22.00 (from $24.00), following the company's 4Q earnings report. FOGO reported solid results on better SSS with in-line EPS. Jefferies believes that FOGO continues to demonstrate the... More
Piper Jaffray Remains Bullish Following Fogo de Chao's (FOGO) In-Line 4Q Results
March 16, 2016 7:36 AM EDTPiper Jaffray maintained an Overweight rating on Fogo de Chao (NASDAQ: FOGO), and cut the price target to $18.00 (from $20.00), following the company's 4Q earnings report. Operating results were generally in-line vs. expectations including revenues of $77.5 million and EPS of $0.29, compared to consensus EPS expectations of $0.28.
Analyst Nicole Regan commented, "Fogo... More
