Red Robin Gourmet Burgers (RRGB) Tops Q1 EPS by 32c

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Red Robin Gourmet Burgers (RRGB) PT Raised to $58 at Morgan Stanley

May 17, 2017 8:20 AM EDT

Morgan Stanley raised its price target on Red Robin Gourmet Burgers (NASDAQ: RRGB) to $58.00 (from $53.00) while maintaining a Equalweight rating.

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UPDATE: 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