Jefferies Maintains Hold on Red Robin Gourmet Burgers, Lowers Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Andy Barish maintains a 'Hold' rating on Red Robin Gourmet Burgers (NASDAQ:RRGB) and lowers the price target from $12 to $9.
October 03, 2023 | 7:39 pm
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Jefferies analyst Andy Barish maintains a 'Hold' rating on Red Robin Gourmet Burgers and lowers the price target from $12 to $9.
The lowering of the price target by Jefferies from $12 to $9 indicates a negative outlook for Red Robin Gourmet Burgers. This could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100