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Del Taco impresses at ICR

|About: Del Taco Restaurants, Inc. (TACO)|By: , SA News Editor

BTIG sees Del Taco Restaurants (NASDAQ:TACO) as delivering one of the most significant ICR presentations this week off its announcement of a new value platform later this month.

"Management indicated that following several years of necessitated price increases, the $1 price point had become harder to maintain and it made sense to create a new platform rather than fix an existing one than had become unsustainable," reports analyst Peter Saleh.

Del Taco is placing a bigger focus on menu innovation this year, including new fresh guacamole items.

BTIG has a Neutral rating on Del Taco.

#ICR20

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