Red Robin Gourmet Burgers (RRGB) Tops Q4 EPS by 24c, Beats on Revenues; Offers 1Q18 EPS Guidance Below Consensus

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Red Robin Gourmet Burgers (RRGB) PT Raised to $59 at Wells Fargo on 4Q Report; 'Delivery Continues To Boost SSS'

February 23, 2018 11:34 AM EST

Wells Fargo raised its price target on Red Robin Gourmet Burgers (NASDAQ: RRGB) to $59.00 (from $54.00) while maintaining a Market Perform rating, following the company's fourth quarter earnings report.

Analyst Jeff Farmer notes a positive outlook on the shares, as the company reported... More