Ignite Restaurant (IRG) Misses Q4 EPS by 1c

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Go back to Ignite Restaurant (IRG) Misses Q4 EPS by 1c

KeyBanc Upgrades Ignite Restaurant Group (IRG) to Buy

March 22, 2013 7:10 AM EDT

KeyBanc upgraded Ignite Restaurant Group (NASDAQ: IRG) from Hold to Buy with a price target of $20.00 saying the sell-off appears overdone.

In the upgrade report, the firm said that the sell-off on lower-than-expected 4Q results
and negative 1QTD same-restaurant sales at... More