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Enter Symbol:
 
Ruby Tuesday Inc (RT) [hlAlert]

Rating:
Underperform
RT
down 2.66 %

Ruby Tuesday Inc (RT) downgraded to Underperform by Raymond James

Posted on: Thursday,  Oct 10, 2013  8:25 AM ET by Raymond James

Raymond James rated Underperform Ruby Tuesday Inc (NYSE: RT) on 10/10/2013, when the stock price was $6.20. Since
then, Ruby Tuesday Inc has gained 2.74% as of 01/25/2016's recent price of $6.37.
If you would have followed this Raymond James's recommendation on RT, you would have lost 2.66% of your investment in 837 days.

Ruby Tuesday, Inc. (RTI) develops, operates and franchises casual dining restaurants in the United States, Puerto Rico, Guam, and 13 other countries and regions under the Ruby Tuesday brand. The Company also owns and operates two Wok Hay restaurants. At June 2, 2009, it owned and operated 672 Ruby Tuesday restaurants primarily in the Northeast, Southeast, Mid-Atlantic and Midwest of the United States. As of June 2, 2009, there were 229 domestic and international franchise restaurants located in 27 states primarily outside the Company?s existing markets primarily the Western United States and portions of the Midwest and Northeast and in the Asia Pacific Region, India, Middle East, Puerto Rico, Guam, Canada, Iceland, Eastern Europe, and Central and South America. On March 18, 2009, the Company acquired a Ruby Tuesday restaurant in Rockwall, Texas from a traditional domestic franchise.

Our equity research team has gained national attention for stock-picking ability and analyst performance, with recognition in leading publications such as the Wall Street Journal and Institutional Investor magazine*. Raymond James’ equity research philosophy focuses on a fundamental approach that encompasses three basic points. First, we believe that superior research on select companies within well-defined industries is preferable to broad general coverage. Second, we concentrate on the identification of quality companies demonstrating solid growth potential, with the goal of helping our clients maximize their investment returns. Third, to help our clients take advantage of pockets of inefficiency in the market, we strive to locate superior companies from across the country that have the potential to provide our clients with unique opportunities.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/10/2013 8:25 AM Sell
None
6.20
as of 12/13/2013
1 Week down  -0.43 %
1 Month down  -5.38 %
3 Months down  -10.48 %
1 YTD down  -10.48 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/25/2013 8:25 AM Hold
None
8.05

(*) Stock Price at the time of the recommendation.
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