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.
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Posted In: Analyst ColorAnalyst RatingsBank of America Merrill LynchConsumer DiscretionaryRestaurants
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