Red Robin Gourmet Burgers, Inc. (RRGB) Tops Q1 EPS by 10c

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Red Robin Gourmet Burgers (RRGB) Bullish Stance Reiterated at Jefferies Post Q1

May 21, 2014 8:40 AM EDT

Jefferies analyst Alexander Slagle reiterated a Buy rating and $90 price target on Red Robin Gourmet Burgers (NASDAQ: RRGB) following strong Q1 results.

Slagle notes, "EPS of $0.82 beat cons $0.72 on meaningfully better SSS (5.4% vs. cons 3.0%) as effective media efforts, strong gift card sales & the... More