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Ruth's Hospitality +7% after Piper Jaffray stays optimistic

May 02, 2016 12:53 PM ETDarden Restaurants, Inc. (DRI) StockDRIBy: Clark Schultz, SA News Editor
  • Ruth's Hospitality Group (RUTH +6.9%) rallies after Jefferies issues positive comments in a fresh note to investors that backs up a Buy rating on the restaurant stock.
  • The company operates in the fine dining segment where traffic trends have been weak in the U.S., however the higher mix of international restaurants is changing the earnings backdrop.
  • Ruth's ranks 28th out of 41 restaurants stock in YTD share price performance.

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