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Fly News Breaks for May 26, 2017
RRGB
May 26, 2017 | 07:25 EDT
Canaccord analyst Lynne Collier upgraded Red Robin to Buy from Hold to reflect greater confidence in its top-line drivers and in stable to improving casual dining trends. The analyst said the top line should improve with the company's focus on value and curbside pickup and the potential for it to turn comps positive. Collier raised her price target to $90 from $72 on Red Robin shares.
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