>Analyst upgrades Ruby Tuesday stock

Share Button

>As of 11am the stock is up 1.5%

I like the part in the article

“Raymond James analyst Bryan C. Elliott upgraded his rating on the stock to “Market Perform” from “Underperform” and said it’s likely the company will still be able to make interest and principal payments.”

Is this an endorsement? Does “Market Perform” mean that is will only go down 40% this year or is there some other meaning to this?

What about the line that it’s likely the company will still be able to make interest and principal payments. This is real conforting to me. Its moving up on my buy list…..

About the Author