The Habit Restaurants (HABT) Tops Q4 EPS by 1c; Guides Revs Modestly Below the Street
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Piper Jaffray Cuts Price Target on The Habit Restaurants (HABT) to $25; Remains Encouraged
March 3, 2016 7:25 AM ESTPiper Jaffray maintained an Overweight rating on Habit Restaurants (NASDAQ: HABT), and cut the price target to $25.00 (from $40.00), following the company's 4Q earnings report. HABT reported EPS of $0.05 vs. consensus expectations at $0.04. Piper remains encouraged by the company's brand equity and long term development opportunities, and believes that The... More
