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Stock Market & Financial Investment News

News Breaks
July 23, 2014
07:25 EDTDFRGDel Frisco's outlook still positive, says Wells Fargo
After Del Frisco's reported weaker than expected results and lowered its guidance, Wells Fargo thinks the problems facing the company are short-term in nature. The firm is convinced that the company can re-establish itself as one of the highest quality unit growth stories in the restaurant sector. It keeps an Outperform rating on the stock.
News For DFRG From The Last 14 Days
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January 13, 2015
07:20 EDTDFRGDel Frisco's price target lowered to $30 from $36 at Stifel
Stifel cut its price target on Del Frisco's after the company indicated that it was experiencing a drag on its margins from both its up-and-coming 16-unit Del Frisco’s Grille concept; and a more backend weighted 2015 new-unit opening schedule. The firm sees the margin issue at The Grille as typical for a start-up chain. Stifel thinks the bad news is more than fully priced into the stock, and it keeps a Buy rating on the shares.

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