Bank Of America Maintains Buy Rating On Red Robin

According to Bank of America, Red Robin Gourmet Burgers RRGB maintains Buy rating. Bank of America said that it continues to rate RRGB shares Buy with a $45 price objective. “The company's 2Q results surpassed expectations with EPS before one-time items of $0.48 exceeding our $0.38 estimate and consensus of $0.36.” Red Robin Gourmet Burgers closed yesterday at $33.85.