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Why Yum China's CEO Departure Doesn't Look Like A Warning Sign
Wednesday, August 19, 2015 - 11:46am | 341Read More...Yum! Brands, Inc. (NYSE: YUM)'s long-time China CEO, Sam Su, announced his plans to retire. The executive served as Acting General Manager for China back in December 1989 when China KFC had only four units and has been with the company since then in various senior roles. Jefferies: Business...
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B-Dubs Will 'Fly Higher,' Oppenheimer Says
Wednesday, August 19, 2015 - 7:39am | 292Read More...In a report published Wednesday, Oppenheimer analyst Brian Bittner upgraded the rating on Buffalo Wild Wings (NASDAQ: BWLD) from Perform to Outperform, while establishing a price target of $230. The analyst expects the stock to "fly higher" over the coming 12 months. With revenue...
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How Tasty Is Kona Grill Stock?
Tuesday, August 4, 2015 - 11:52am | 530Read More...Kona Grill Inc (NASDAQ: KONA) reported its second-quarter results after Monday's market close. The restaurant operator reported a loss of $0.01 on revenue of $36.2 million versus analyst expectations for a $0.01 per share profit on revenue of $35.93. Shares traded recently at $21.27, up...
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Jack In The Box Reports This Week: Here's Why Oppenheimer Is Bullish
Tuesday, August 4, 2015 - 9:04am | 358Read More...In a report published Tuesday, Oppenheimer analyst Brian Bittner reiterated an Outperform rating on shares of Jack in the Box Inc. (NASDAQ: JACK) with an unchanged $99 price target ahead of the company's third-quarter results scheduled for Wednesday. The Estimize community (based on 13...
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While Chipotle's Business Model Is 'Hard To Duplicate,' Experts Are Mixed On The Stock
Monday, July 20, 2015 - 2:42pm | 766Read More...Chipotle Mexican Grill, Inc. (NYSE: CMG) is scheduled to report its second quarter results after Tuesday's market close. Estimize, the crowd-sourced earnings and economic rating platform is expecting the company (based on 73 estimates) to earn $4.47 per share on revenue of $1.224 billion. This...
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Consensus Too High On Panera Bread, Buffalo Wild Wings?
Wednesday, April 29, 2015 - 11:17am | 305Read More...Two eateries that lately gave investors indigestion will be hard-pressed to meet expectations going forward, an analyst said Wednesday. Oppenheimer's Brian Bittner reiterated Market Perform ratings on both Buffalo Wild Wings (NASDAQ: BWLD) and Panera Bread Co (NASDAQ: PNRA), after each...
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Oppenheimer Says Yum! Brands Reward Outweighs Risk, Places $90 Price Target
Monday, April 20, 2015 - 2:40pm | 295Read More...In a report published Monday, Oppenheimer analyst Brian Bittner reiterated an Outperform rating on shares of Yum! Brands, Inc. (NYSE: YUM) with a price target boosted to $90 from a previous $80, noting that the company's near-term results are "tough to call" but the fundamental setup may improve...
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McDonald's Shareholders: 2 Top Wall Street Analysts Are Talking
Monday, April 6, 2015 - 2:53pm | 464Read More...In two separate reports published Monday, David Palmer of RBC Capital Markets and Brian Bittner of Oppenheimer discussed McDonald's Corporation (NYSE: MCD), offering two different takes on the company's prospects. RBC: Negative Start For U.S. Turnaround Palmer estimated...
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10 Oppenheimer Analysts Each Pick A Top Stock
Sunday, March 29, 2015 - 10:47am | 489Read More...In a recent report, Oppenheimer asked analysts that cover different ares of the stock market each to choose his or her single top stock pick in the space based on the fundamentals of the company. Here are the stocks that these ten analysts chose. 1. Rupesh Parikh, CFA (food, grocery &...
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The Bob Evans Farms Miss 'Just Doesn't Make Sense,' Says Oppenheimer
Wednesday, March 4, 2015 - 9:41am | 281Read More...In a report published Tuesday evening, Oppenheimer analyst Brian Bittner commented that he is "perplexed" following Bob Evans Farms Inc's (NASDAQ: BOBE) third quarter results. According to Bittner, the company's earnings per share miss was attributed to the Restaurant segment...
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Oppenheimer: Sonic Has 'Strengthening Legs,' Raising PT
Tuesday, March 3, 2015 - 10:23pm | 227Read More...Oppenheimer raised its price target on Sonic Corporation (NASDAQ: SONC) Tuesday from $32 to $38 and maintained an Outperform rating. Analyst Brian Bittner noted that the company pre-announced double-digit SSS for the fiscal second quarter, which was especially encouraging as the company headed...
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Oppenheimer: Restaurant Brands International Is A 'Powerhouse'
Friday, February 27, 2015 - 2:08pm | 204Read More...In a report published Thursday, Oppenheimer analyst Brian Bittner initiated coverage of Restaurant Brands International Inc (NYSE: QSR) with a Perform rating and no assigned price target. According to Bittner, the company which was born out of the December 2014 merger of Burger King and Tim...
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Oppenheimer Suggests Chipotle Mexican Grill Is Still A 'Spicy Stock'
Thursday, January 29, 2015 - 11:36am | 200Read More...Brian Bittner of Oppenheimer on Thursday suggests that Chipotle Mexican Grill, Inc. (NYSE: CMG) remains a “spicy stock” despite shares trading near all-time highs. “Investors fear the stock could now underperform as comps undeniable slow,” Bittner wrote. “Worries...
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UPDATE: Oppenheimer Raises PT On Sonic As 1Q15 Highlights Bull Argument
Wednesday, January 7, 2015 - 11:26am | 107Read More...In a report published Wednesday, Oppenheimer analyst Brian Bittner reiterated an Outperform rating on Sonic Corporation (NASDAQ: SONC), and raised the price target from $30.00 to $32.00. In the report, Oppenheimer noted, “SONC's best quarterly comp in nearly ten years (+8.5%) highlights the power...
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UPDATE: Oppenheimer Reiterates On Chipotle, Shares Climb Higher
Thursday, May 22, 2014 - 1:35pm | 216Read More...In a report published Thursday, Oppenheimer analyst Brian Bittner reiterated an Outperform rating and $625.00 price target on Chipotle Mexican Grill (NYSE: CMG) highlighting “unique catalysts.” Bittner wrote, “We believe Chipotle Mexican Grill (CMG) represents an attractive investment opportunity...
