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UPDATE: Imperial Capital Maintains Outperform Rating on Kona Grill on Strong Marketing Efforts

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In a report Monday, Imperial Capital maintained its Outperform rating on (NASDAQ: KONA) and price target of $10.00.

Imperial Capital noted, “We believe KONA should continue to benefit from improvements to its menu, a streamlined supply chain, enhanced marketing efforts, and a favorable remodel program. With only 23 restaurants today and a differentiated restaurant operating model with strong margins, we believe the company has a long runway of organic growth potential throughout the U.S.”

Kona Grill closed at 8.70 on Friday.

Latest Ratings for KONA

DateFirmActionFromTo
Feb 2016Telsey Advisory GroupUpgradesMarket PerformOutperform
Nov 2015OppenheimerMaintainsOutperform
Sep 2015TelseyInitiates Coverage onMarket Perform

View More Analyst Ratings for KONA
View the Latest Analyst Ratings

Posted-In: Imperial Capital ResearchAnalyst Color Reiteration Analyst Ratings

 

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