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Non-Tech : Garden Fresh Restaurant Corp (LTUS)

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To: John O'Neill who wrote (7)4/8/1998 7:41:00 PM
From: Tradenride  Read Replies (1) of 78
 
Add Everen to the list

RESEARCH ALERT-EVEREN starts Garden Fresh

CHICAGO, April 8 (Reuters) - EVEREN Securities said Wednesday it initiated coverage of Garden Fresh Restaurant Corp. with intermediate and long term outperform ratings and stock price targets of $23 and $26 for the intermediate term and long term, respectively.

Says expects company to earn $1.06 per share in fiscal 1998 ending in September and $1.25 a share in fiscal 1999.

Says believes company's positive fundamentals and resulting earnings growth will drive increasing valuAtion.
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