Jefferies upgrades Red Robin as turnaround gains momentum into 2026.

Monday, Dec 15, 2025 1:36 pm ET1min read
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Jefferies has upgraded Red Robin Gourmet Burgers to Buy from Hold, citing signs of traffic stabilization and a low valuation heading into 2026. The broker raised its price target to $7 from $6 and expects a more targeted marketing approach to be a key upside driver. Improved cash flow has allowed Red Robin to add flexibility to its balance sheet and continue optimizing its restaurant portfolio.

Jefferies upgrades Red Robin as turnaround gains momentum into 2026.

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