Red Robin Gourmet Burgers (RRGB) Misses Q1 EPS by 8c

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KeyBanc Downgrades Red Robin Gourmet Burgers (RRGB) to Sector Weight

May 17, 2016 12:55 PM EDT

KeyBanc downgraded Red Robin Gourmet Burgers (NASDAQ: RRGB) from Overweight to Sector Weight and removed its price target (prior $90.00). Analyst Chris O'Cull said he was disappointed by Q1 results.

"We were disappointed with the RRGB SRS results, down 2.6% (KBCM -1.1%), which were driven... More