Red Robin Gourmet Burgers (RRGB) Misses Q2 EPS by 2c, Comps Decline 2.6%

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Red Robin Gourmet Burgers (RRGB) PT Lowered to $50 at Stephens Following 2Q

August 22, 2018 8:15 AM EDT

Stephens analyst Will Slabaugh lowered the price target on Red Robin Gourmet Burgers (NASDAQ: RRGB) to $50.00 (from $75.00) while maintaining a Overweight rating following the company's 2Q earnings report.

RRGB reported 2Q results that were in-line with pre-announced SSS of -2.6% vs. consensus... More