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Jefferies Raises Price Target on Red Robin Gourmet Burgers (RRGB) Following Q1

May 20, 2015 7:53 AM EDT

Jefferies reiterates a Buy rating on Red Robin Gourmet Burgers (NASDAQ: RRGB), and raised the price target to $97.00 (from $94.00) following Q1 report. RRGB beat EPS consensus by 22c with $1.10.

Jefferies analyst Alexander Slagle commented ton RRGB, saying, "EPS $1.10 +34% beat cons $0.88 on easing... More