Del Taco Restaurants, Inc. Announces Fiscal Third Quarter 2016 Financial Results

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Go back to Del Taco Restaurants, Inc. Announces Fiscal Third Quarter 2016 Financial Results

Wedbush Raises Price Target on Del Taco Restaurants (TACO) to $17 Following Strong 3Q

October 18, 2016 7:57 AM EDT

Wedbush reiterated an Outperform rating on Del Taco Restaurants (NASDAQ: TACO), and raised the price target to $17.00 (from $15.00), following the company's 3Q earnings report. EPS of $0.13 was a penny above consensus, but higher G&A and tax rate limited flow-through. SSS growth of 7.1% at co-owned... More