Del Taco Restaurants (TACO) Reports In-Line Q4 EPS, Comps Increase 5.5%, Offers FY17 Guidance

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Del Taco Restaurants (TACO) PT Lowered to $13 at Piper Jaffray Following In-Line 4Q Report

March 14, 2017 8:36 AM EDT

Piper Jaffray lowered its price target on Del Taco Restaurants (NASDAQ: TACO) to $13.00 (from $14.00) while maintaining a Neutral rating. Piper walked away from 4Q16 results encouraged by the company's culinary innovation and ongoing potential for growing day part occasions.

Analyst Nicole Regan commented,... More

Wedbush Reiterates Outperform on Del Taco Restaurants (TACO) Following 4Q Earnings

March 14, 2017 7:30 AM EDT

Wedbush reiterated an Outperform rating and $17.00 price target on Del Taco Restaurants (NASDAQ: TACO) following the company's 4Q earnings report. Q4 EPS of $0.20 was in line with consensus, on preannounced 5.3% co-owned SSS growth. Initial FY17 guidance is for system-wide SSS growth of 2.0-4.0%, above... More