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Ark Restaurants Corp. (ARKR) [hlAlert]

down 32.41 %

Ark Restaurants Corp. (ARKR) rated Buy with price target $38 by Morgan Joseph

Posted on: Tuesday,  Feb 12, 2008  8:25 AM ET by Morgan Joseph

Morgan Joseph rated Buy Ark Restaurants Corp. (NASDAQ: ARKR) on 02/12/2008. Previously Morgan Joseph rated Buy Ark Restaurants Corp. (NASDAQ: ARKR) on
08/14/2007., when the stock price was $37.05. Since then, Ark Restaurants Corp. has lost 32.42% as of 08/27/2015's recent price of $25.04.
If you would have followed the previous Morgan Joseph's recommendation on ARKR, you would have lost 32.41% of your investment in 2935 days.

Ark Restaurants Corp. owned and/or operated 20 restaurants and bars, 30 fast food concepts, catering operations, and wholesale and retail bakeries through its subsidiaries as of September 27, 2008. As of September 27, 2008, seven of the Company?s restaurant and bar facilities were located in New York City; four were located in Washington, D.C.; five were located in Las Vegas, Nevada; two were located in Atlantic City, New Jersey; one was located at the Foxwoods Resort Casino in Ledyard, Connecticut, and one was located in the Faneuil Hall Marketplace in Boston, Massachusetts.

Morgan Joseph is committed to providing timely, objective and actionable investment advice on the companies and securities we follow. Our team of equity analysts covers a growing universe of stock issues across a broad range of industry sectors. As a middle market-focused firm, our approach is not to publish research on as many companies as possible within a number of industry sectors. Rather, our research analysts distinguish themselves by zeroing in on quality companies with growth prospects or which present special situations. These companies often lack a research following. This enables our analysts to provide insight to investors in companies that are not well understood nor fairly valued.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/12/2008 8:25 AM Buy
33.00 38.00
as of 12/24/2008
1 Week up  5.00 %
1 Month up  17.84 %
3 Months down  -3.66 %
1 YTD down  -8.13 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/14/2007 9:25 AM Buy
37.05 43.00

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