Lake Street Maintains Buy on Red Robin Gourmet Burgers, Raises Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
Lake Street analyst Mark Smith maintains a Buy rating on Red Robin Gourmet Burgers (NASDAQ:RRGB) and raises the price target from $16 to $17.
May 30, 2024 | 7:36 pm
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Lake Street analyst Mark Smith has maintained a Buy rating on Red Robin Gourmet Burgers and increased the price target from $16 to $17.
The Buy rating and increased price target from a reputable analyst can boost investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100