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Fly News Breaks for May 23, 2018
RRGB
May 23, 2018 | 06:12 EDT
BTIG analyst Peter Saleh downgraded Red Robin Gourmet Burgers to Neutral from Buy following last night's Q1 earnings report. Competitive discounting is placing greater pressure on the company's sales and margins, Saleh tells investors in a research note. He expects shares to be range-bound given Red Robin's "modest" sales growth and "more muted" same-store sales outlook.
News For RRGB From the Last 2 Days
RRGB
Apr 25, 2024 | 07:21 EDT
Craig-Hallum initiated coverage of Red Robin with a Buy rating and $20 price target.
