Fiesta Restauran (FRGI) Misses Q2 EPS by 6c

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Go back to Fiesta Restauran (FRGI) Misses Q2 EPS by 6c

Wedbush Cuts Price Target on Fiesta Restaurant (FRGI) to $32; Reiterates Outperform

August 4, 2016 10:09 AM EDT

Wedbush maintained an Outperform rating on Fiesta Restaurant Group (NASDAQ: FRGI), and cut the price target to $32.00 (from $47.00), following the company's 2Q earnings report. EPS of $0.34 was below $0.40 consensus estimate.

Analyst Nick Setyan commented, "We believe FRGIs current valuation ascribes a... More

Fiesta Restaurant Group (FRGI) PT Cut to $23 at Jefferies Following Q2 Miss

August 4, 2016 9:07 AM EDT

Jefferies analyst Alexander Slagle reiterated a Hold rating and cut his price target on Fiesta Restaurant Group (NASDAQ: FRGI) to $23.00 (from $27.00) following results.

Slagle commented, "EPS missed on lighter SSS, as broader restaurant spending trends softened through 2Q. While we... More

Piper Jaffray Cuts Price Target on Fiesta Restaurant (FRGI) to $23; Reiterates Overweight

August 4, 2016 8:22 AM EDT

Piper Jaffray maintained an Overweight rating on Fiesta Restaurant Group (NASDAQ: FRGI), and cut the price target to $23.00 (from $36.00), following the company's 2Q earnings report. FRGI delivered operating EPS of $0.34, below consensus at $0.40. Results were driven largely by lower-than-expected same-store sales and associated deleverage.... More