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Del Taco Restaurants (TACO) Rises: Stock Surges 12%

Del Taco Restaurants, Inc. ( TACO ) was a big mover last session, as the company saw its shares surge 12% on the day. This rise can be attributable to solid volume too with far more shares changing hands than in a normal session. This stock, trading in a volatile price range of $12.49 to $14.62 in the past one-month time frame, showed a pick-up yesterday at $14.58.

The company has seen 1 positive estimate revision in the past one month, while its Zacks Consensus Estimate moved higher over the same period, suggesting that more solid trading could be ahead. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.

Del Taco currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

Another attractive player in the same industry worth considering includes Ruby Tuesday, Inc. ( RT ) sporting a Zacks Rank #1 (Strong Buy).

Is TACO going up? Or down? Predict to see what others think: Up or Down

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DEL TACO RSTRNT (TACO): Free Stock Analysis Report

RUBY TUESDAY (RT): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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