Red Robin Gourmet Burgers Reports Results for the Fiscal First Quarter Ended April 16, 2017
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Red Robin Gourmet Burgers (RRGB) PT Raised to $58 at Morgan Stanley
May 17, 2017 8:20 AM EDTMorgan Stanley raised its price target on Red Robin Gourmet Burgers (NASDAQ: RRGB) to $58.00 (from $53.00) while maintaining a Equalweight rating.
... MoreUPDATE: BofA/Merrill Lynch Upgrades Red Robin Gourmet Burgers (RRGB) to Buy; 'Promising Turnaround Plans Showing Early Positive Signs'
May 17, 2017 7:14 AM EDT(Updated - May 17, 2017 8:39 AM EDT)
BofA/Merrill Lynch upgraded Red Robin Gourmet Burgers (NASDAQ: RRGB) from Neutral to Buy with a price target of $80.00, following the company's first quarter earnings report.
Analyst Gregory Francfort notes the company reported first quarter... More
Red Robin Gourmet Burgers (RRGB) Tops Q1 EPS by 32c
May 16, 2017 4:09 PM EDTRed Robin Gourmet Burgers (NASDAQ: RRGB) reported Q1 EPS of $0.89, $0.32 better than the analyst estimate of $0.57. Revenue for the quarter came in at $418.6 million versus the consensus estimate of $416.25 million.
Total revenues were $418.6 million, an increase of 4.1%;Net income was $11.6 million compared to $14.2... More