Kona Grill Reports Fourth Quarter 2016 Results
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Kona Grill (KONA) PT Lowered to $11 at Wedbush Following 4Q
February 28, 2017 7:54 AM ESTWedbush lowered its price target on Kona Grill (NASDAQ: KONA) to $11.00 (from $12.00) while maintaining a Outperform rating. 4Q adjusted EPS of ($0.39) was below ($0.32) consensus on pre-announced SSS growth of (4.1%).
Analyst Nick Setyan commented, "We believe that with lower 2017 unit growth, Konas cash flow... More
