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Red Robin Gourmet (RRGB) Surges On Miller Tabak View

|Includes: Red Robin Gourmet Burgers, Inc. (RRGB) Red Robin Gourmet Burgers Inc. (NASDAQ:RRGB)

The price of RRGB stock surged on Friday's market activity, after the company was upgraded from Hold to Buy, and its price target raised from $83.00 to $86.00 by brokerage firm Miller Tabak

RRGB is currently trading for about $75.67, up $4.17 (or +5.84%), with 140,879 shares traded so far.

RRGB, together with its subsidiaries, develops, operates, and franchises casual-dining restaurants in the United States and Canada. Its restaurants offer gourmet burgers, as well as various salads, soups, appetizers, entrees, desserts, and signature Mad Mixology alcoholic and non-alcoholic specialty beverages.

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Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.