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Starbucks Analyst Days Are Generally Not Market-Moving Events, But ...
Monday, December 5, 2016 - 12:24pm | 319Read More...Starbucks Corporation (NASDAQ: SBUX) is scheduled to host its Analyst Day on Wednesday. While investors are focusing on gaining an insight into the company’s ability to sustain Americas comps at 5 percent over the medium term, shares are likely to respond to any announcement of increased...
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Cowen Met With McDonald's Management: Here's What Happened
Monday, March 28, 2016 - 10:12am | 343Read More...Cowen’s Andrew M. Charles maintained a Market Perform rating on McDonald's Corporation (NYSE: MCD), while raising the price target from $116 to $125. Sustaining The Momentum Following investor meetings with Senior Director of Investor Relations Jen Hiser, Charles mentioned that the...
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Habit Restaurants Gets Another Vote Of Confidence
Wednesday, March 2, 2016 - 10:59am | 274Read More...Cowen's Andrew M. Charles upgraded the rating on Habit Restaurants Inc (NASDAQ: HABT) from Market Perform to Outperform, while raising the price target from $28 to $30. "An 11 percent YTD pullback in HABT shares on fears of the impact to sales from a promotional QSR environment and a potential...
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Cowen Downgrades Chipotle As 'Q4 Sales Were Far More Impacted From E. Coli Outbreak'
Monday, December 7, 2015 - 9:20am | 396Read More...Shares of Chipotle Mexican Grill, Inc. (NYSE: CMG) have declined 22.05 percent over the past three months, hitting a low of $536.19 on November 20. Andrew M. Charles of Cowen and Company has downgraded the rating on the company from Outperform to Market Perform, while lowering the price target...
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Cowen Boosts Yum Brands; Taco Bell Growth, Buyback Potential Excite
Tuesday, December 1, 2015 - 10:33am | 269Read More...Shares of Yum! Brands, Inc. (NYSE: YUM) have dipped 19.52 percent over the past six months, declining almost to its 52-week low on November 12. Andrew M. Charles of Cowen and Company has upgraded the rating on the company from Market Perform to Outperform, while raising the price target from...
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UPDATE: Bank Of America Initiates Coverage On Restaurant Brands International
Tuesday, December 16, 2014 - 11:21am | 205Read More...Bank of America initiated coverage on Restaurant Brands International Inc. (NYSE: QSR) with a Buy rating and $40 price target. Analysts led by Andrew M. Charles continued “to view the Burger King/Tim Hortons combination favorably, driven primarily by the anticipated rapid growth in Tim...
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Bank Of America Believes Tax Inversion Notice Should Not Derail Burger King Worldwide Inc's Acquisition Of Tim Hortons Inc.
Wednesday, September 24, 2014 - 10:02am | 257Read More...In a report published Wednesday, Bank of America analyst Andrew M. Charles reiterated a Buy rating and $38.00 price target on Burger King Worldwide Inc (NYSE: BKW). In the report, Bank of America noted, “On September 22nd, the US Treasury and IRS issued a joint notice outlining changes to various...
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UPDATE: Bank of America Initiates Texas Roadhouse at Buy on Appealing Growth Attributes
Monday, June 17, 2013 - 8:30am | 129Read More...In a report published Monday, Bank of America analyst Andrew M. Charles initiated coverage on Texas Roadhouse (NASDAQ: TXRH) with a Buy rating and $28.00 price target. In the report, Bank of America noted, “The company has appealing growth attributes, including a high single digit unit...
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UPDATE: Bank of America Initiates Texas Roadhouse at Buy on Significant Growth Prospects
Wednesday, June 12, 2013 - 8:29am | 125Read More...In a report published on Tuesday, Bank of America analyst Andrew M. Charles initiated coverage on Texas Roadhouse (NASDAQ: TXRH) with a Buy rating and a price objective of $28. In the report, Bank of America stated, "We are valuing TXRH shares primarily on a relative basis to mature casual...
