Zacks Investment Research downgraded shares of FAMOUS DAVES (DAVE) from NEUTRAL to UNDERPERFORM on May 23, 2012, with a target price of $9.70.
Famous Dave's owns, operates and franchises barbeque restaurants and blues clubs. The company currently owns locations and franchises locations in Minnesota, Wisconsin, Illinois, Iowa, Nebraska, Utah, Maryland and Virginia and has signed development agreements for an additional franchised locations. Its menu features award-winning barbecued and grilled meats, an ample selection of salads, side items, sandwiches and unique desserts. (Press Release)
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