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Fly News Breaks for May 12, 2015
RRGB
May 12, 2015 | 07:29 EDT
Stephens said it would buy Red Robin shares ahead of the company's Q1 earnings report, noting that the firm's industry checks do not imply meaningful upside in this quarter but that the company's comps get "significantly" easier in Q2 and Q3. The firm maintains its Overweight rating and $100 price target on the stock.
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