Fogo de Chao (FOGO) Tops Q3 EPS by 1c

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Jefferies Cuts Price Target on Fogo de Chao (FOGO) Following Solid 3Q

November 8, 2016 7:03 AM EST

Jefferies maintained a Buy rating on Fogo de Chao (NASDAQ: FOGO), and cut the price target to $15.00 (from $18.00), following the company's 3Q earnings report. FOGO reported EPS of $0.16, ahead of the consensus estimates of $0.15. SSS of +0.6% beat the consensus of -3.5%, driven by... More