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Is Now The Time To Buy Starbucks Stock? 6 Analysts Weigh In On Drop
Wednesday, January 27, 2021 - 5:51pm | 880Starbucks Corporation (NASDAQ: SBUX) reported Tuesday afternoon with mixed fiscal first-quarter results highlighted by a 5% U.S. same-store sales decline. The coffee chain posted a revenue miss, but EPS beat. Here's how six Starbucks sell-side analysts reacted to the print. The Starbucks...
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4 McDonald's Analysts On Q3 Beat, Golden Arches Analyst Day
Tuesday, November 10, 2020 - 4:42pm | 771Global fast food giant Mcdonald's Corp (NYSE: MCD) reported third-quarter results Monday and laid out a vision of its future. The McDonald's Analysts Stephens analyst James Rutherford maintains an Overweight rating on McDonald's with an unchanged $250 price target. Raymond...
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2 Analysts React To Wingstop's Q3 Earnings
Tuesday, November 3, 2020 - 2:25pm | 416Wingstop Inc (NASDAQ: WING) reported third-quarter results that prompted one analyst to remain a bull while another is sticking to the sidelines. Cowen: 'Can Go The Distance' Wingstop's same-store sales in the third quarter were higher by 25.4% although this wasn't a surprise...
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The Street Reacts To Chipotle's Q3 Earnings: Costs Heading 'In The Right Direction'
Thursday, October 22, 2020 - 1:46pm | 804Chipotle Mexican Grill, Inc. (NYSE: CMG) reported third-quarter results highlighted by a strong 14.1% sales growth but soaring demand for delivery is impacting profits. Chipotle reported quarterly earnings of $3.76 per share, which beat the analyst consensus estimate of $3.40 by 10.6%. The...
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Starbucks' Recovery Looks 'Durable,' Cowen Says In Upgrade
Wednesday, September 30, 2020 - 12:08pm | 362Coffee chain Starbucks Corporation (NASDAQ: SBUX) is showing signs of a "durable" recovery, according to Cowen. The Starbucks Analyst: Andrew Charles upgraded Starbucks from Market Perform to Outperform with a price target lifted from $77 to $99. The Starbucks Takeaways: Starbucks...
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Domino's Pizza Poised To Beat Street Estimates, Cowen Says In Upgrade
Friday, September 11, 2020 - 10:12am | 409The bullish case for Domino's Pizza, Inc. (NYSE: DPZ) is based on expectations for the pizza chain to show strong earnings growth over the coming years — and the near-term Street estimates are too pessimistic, according to Cowen. The Domino's Pizza Analyst: Andrew Charles upgraded...
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Cowen Downgrades Domino's After 'Robust' Stock Gains
Monday, February 24, 2020 - 12:57pm | 400Domino's Pizza, Inc. (NYSE: DPZ) investors benefited from a "robust" reaction after a strong fourth quarter earnings beat but the move now skews the risk to reward profile unfavorably, according to Cowen. The Domino's Pizza Analyst Andrew Charles downgraded Domino's Pizza from...
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Cowen: Jack In The Box Brings The Heat With Tiny Tacos, Spices Up 2020 Guidance
Tuesday, February 11, 2020 - 3:16pm | 371First-hand checks at Jack in the Box Inc. (NASDAQ: JACK) stores suggest the recent launch of Tiny Tacos is a game-changer and puts the restaurant chain on track to achieve 2020 guidance, according to Cowen. The Analyst Andrew Charles upgraded Jack in the Box from Market Perform to Outperform with a...
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Chipotle's Q4 Has Some Bullish While Others Wanted More
Wednesday, February 5, 2020 - 12:51pm | 739Chipotle Mexican Grill, Inc. (NYSE: CMG) reported fourth-quarter results highlighted by an EPS and same-store sales beat, driven by the limited-time carne asada option. Chipotle CFO: 'Just Getting Started' Chipotle CFO Jack Hartung was a guest on CNBC's "Mad Money" and told...
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Here's What Drive-Thrus Mean For Chipotle Investors
Monday, December 9, 2019 - 11:00am | 726The fast-food industry continues to evolve with one main objective: serving customers how they want to be served. Gone are the days when customers can only place an order at the counter with a human. Instead, customers are making it clear in growing numbers orders must be placed through a machine...
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Cowen Upgrades Chipotle, Names It A 'Best Idea' For 2020
Tuesday, November 26, 2019 - 1:54pm | 415Casual fast-food chain Chipotle Mexican Grill, Inc. (NYSE: CMG) has seen its stock nearly double over the past year but there is still room for more upside in 2020, according to Cowen. The Analyst Cowen analyst Andrew Charles upgraded Chipotle's stock from Market Perform to Outperform with a...
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Cowen Turns Bullish On Tim Hortons' Parent Company
Tuesday, July 17, 2018 - 11:43am | 416The bullish case for Restaurant Brands International Inc (NYSE: QSR), the parent company of multiple global restaurant brands including Tim Hortons, Burger King and Popeyes, can now be made, according to Cowen. The Analyst Cowen's Andrew Charles upgraded Restaurant Brands International...
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Cowen Downgrades Starbucks Due In Part To Poor Sales Of Gift Cards, Craft Coffee
Friday, April 13, 2018 - 9:52am | 398Expectations for Starbucks Corporation (NASDAQ: SBUX) to show a rebound in its business has "diminished," which puts an end to the bullish case for owning the stock, according to Cowen. The Analyst Cowen's Andrew Charles downgraded Starbucks from Outperform to Market Perform with a...
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6 Analysts' First Impressions Of B-Dubs' Q3
Thursday, October 26, 2017 - 12:36pm | 1341Buffalo Wild Wings (NASDAQ: BWLD)'s third-quarter earnings report Wednesday has investors convinced that the casual fast-food company's outlook at the very least is brighter today than it was just last week. But is Wall Street equally convinced? Barclays: Imagine The Growth When Comps...
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Bojangles Not Likely To Cook Up Sales Growth In 2018
Sunday, October 22, 2017 - 7:49pm | 326Bojanagles Inc (NASDAQ: BOJA) is not expected to cook up significant sales growth in 2018, according to a report from Cowen. With fast-food industry value activity at its highest level in the last 11 quarters, the promotional activity will make it difficult for the chicken chain to drive...