Fiesta Restaurant Group, Inc. (FRGI) Tops Q1 EPS by 3c

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Fiesta Restaurant Group (FRGI) Numbers Trimmed at Jefferies Post Q1; 'Buy' Maintained

May 7, 2014 8:20 AM EDT

Jefferies analyst Alexander Slagle trimmed estimates and its price target on Fiesta Restaurant Group (NASDAQ: FRGI) to $55.00 (from $57.00) following Q1 results but maintained a Buy rating.

Slagle commented, "EPS $0.33 beat cons $0.30, as Pollo Tropical SSS came in above expectations (+6.3% vs cons 5.8%), offsetting weather-impacted... More