Benchmark Reiterates Buy on Red Robin Gourmet Burgers, Maintains $22 Price Target
Portfolio Pulse from richadhand@benzinga.com
Benchmark analyst Todd Brooks has reiterated a 'Buy' rating on Red Robin Gourmet Burgers (NASDAQ:RRGB) and maintained a price target of $22.

August 18, 2023 | 1:28 pm
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Benchmark analyst Todd Brooks has reiterated a 'Buy' rating on Red Robin Gourmet Burgers, maintaining a price target of $22.
The reiteration of a 'Buy' rating by a Benchmark analyst indicates a positive outlook for Red Robin Gourmet Burgers. The maintained price target of $22 suggests that the analyst believes the stock is undervalued at current levels. This could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100