Craig-Hallum analyst Jeremy Hamblin raised the firm’s price target on Red Robin (RRGB) to $10 from $8.50 and keeps a Buy rating on the shares. After the company posted preliminary Q4 results and following the firm’s meeting with management at ICR, Craig-Hallum is “enthusiastic” at the opportunity for Red Robin’s stock in the first half of 2025. Q4 results saw a significant acceleration on same-store sales driven by an improved loyalty program and successful marketing, the firm adds.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on RRGB:
