Fiesta Restaurant (FRGI) Misses Q1 EPS by 3c

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Piper Jaffray Cuts Price Target on Fiesta Restauran (FRGI) as Margins Impact 1Q Miss

May 10, 2016 7:44 AM EDT

Piper Jaffray maintained an Overweight rating on Fiesta Restaurant Group (NASDAQ: FRGI), and cut the price target to $36.00 (from $45.00), following the company's 1Q earnings report. Fiesta Restaurant Group delivered operating EPS of $0.37, below consensus at $0.40. Results were impacted largely by lower-than-expected store-level margin driven in part by sales deleverage on lower-than-expected same-store sales.... More

Sterne Agee CRT Downgrades Fiesta Restaurant Group (FRGI) to Neutral

May 10, 2016 7:11 AM EDT

Sterne Agee CRT downgraded Fiesta Restaurant Group (NASDAQ: FRGI) from Buy to Neutral and removed its price target (prior $45.00).

For an analyst ratings summary and ratings history on Fiesta Restaurant Group click... More