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Ruby Tuesday Inc (RT) [hlAlert]

down 30.61 %

Ruby Tuesday Inc (RT) rated Outperform with price target $16 by Bear Stearns

Posted on: Thursday,  Jan 3, 2008  8:25 AM ET by Bear Stearns

Bear Stearns rated Outperform Ruby Tuesday Inc (NYSE: RT) on 01/03/2008, when the stock price was $9.18. Since
then, Ruby Tuesday Inc has lost 30.61% as of 01/25/2016's recent price of $6.37.
If you would have followed this Bear Stearns's recommendation on RT, you would have lost 30.61% of your investment in 2944 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.

The Bear Stearns Companies Inc. (NYSE: BSC) is the parent company of Bear, Stearns & Co. Inc., a leading global investment banking, securities trading and brokerage firm. Since 1923, we have helped corporations, institutions, governments and individuals reach their financial objectives. Clients have come to rely on the breadth of our expertise, our commitment to client service and our innovative approach to problem-solving. Talented professionals join Bear Stearns because of our unique corporate culture. Based on respect, integrity, meritocracy, innovation and a commitment to philanthropy, these guiding principles serve as blueprint for the way that we do business.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/3/2008 8:25 AM Buy
9.18 16.00
as of 12/24/2008
1 Week down  -4.02 %
1 Month up  156.27 %
3 Months up  490.90 %
1 YTD up  8.33 %

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