Good Times Restaurants Inc. (NASDAQ:GTIM) was upgraded by investment analysts at ValuEngine from a “sell” rating to a “hold” rating in a note issued to investors on Friday.

Separately, Zacks Investment Research raised shares of Good Times Restaurants from a “hold” rating to a “buy” rating and set a $4.00 target price for the company in a research note on Monday.

Shares of Good Times Restaurants (NASDAQ:GTIM) traded up 2.8030% during midday trading on Friday, reaching $3.3925. 14,730 shares of the company traded hands. The firm’s market capitalization is $41.72 million. The company has a 50-day moving average of $3.35 and a 200 day moving average of $3.18. Good Times Restaurants has a 12-month low of $2.80 and a 12-month high of $4.48.

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Good Times Restaurants Company Profile

Good Times Restaurants Inc operates and franchises Good Times Burgers & Frozen Custard (Good Times) restaurants and Bad Daddy’s Burger Bar concept (Bad Daddy’s). The Company operates through two segments: Good Times Burgers and Frozen Custard restaurants, and Bad Daddy’s Burger Bar restaurants. Good Times is a quick service restaurant concept.

5 Day Chart for NASDAQ:GTIM

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