Craig-Hallum Initiates Coverage On Red Robin Gourmet Burgers with Buy Rating, Announces Price Target of $20
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Jeremy Hamblin initiates coverage on Red Robin Gourmet Burgers (RRGB) with a Buy rating and a price target of $20.
April 25, 2024 | 11:50 am
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POSITIVE IMPACT
Craig-Hallum initiated coverage on Red Robin Gourmet Burgers with a Buy rating and set a price target of $20.
The initiation of coverage by Craig-Hallum with a Buy rating and a price target of $20 is a strong positive signal for Red Robin Gourmet Burgers. This endorsement from a reputable analyst could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100