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Fly News Breaks for May 22, 2018
RRGB
May 22, 2018 | 18:16 EDT
Stephens analyst Will Slabaugh kept his Overweight rating and $80 price target on Red Robin after its Q1 earnings. The analyst says that while the company missed earnings expectations amid higher selling expenses and softer revenues, he remains positive on its traffic relative to the industry, outperforming for the 7th consecutive quarter.
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