-
9 Restaurant Stocks Baird Analysts Hunger For
Wednesday, September 7, 2016 - 3:33pm | 716David Tarantino of Baird reviewed the restaurant sector in a research report on Tuesday and came away with the following conclusions. 4 Takeaways 1. Initial data from the analyst's private chain survey is pointing to August comps near 1.5–2.0 percent, which is below July's 2.5–3.0...
-
Chinese Firms Find Yum Brands' Investment Appetizing
Tuesday, September 6, 2016 - 2:47pm | 497Baird views the recent Chinese investments in Yum! Brands, Inc. (NYSE: YUM) as positive and maintains its Neutral rating with $92 price target. Yum China Investment Yum Brands announced agreements with Primavera Capital Group (a China-based private equity firm) and Ant Financial Services Group (an...
-
Baird Hungry For Shares Of Wingstop Following Solid Q2
Friday, August 5, 2016 - 11:46am | 252Wingstop Inc (NASDAQ: WING) shares climbed more than 12 percent after its second quarter comps/earnings topped estimates and the restaurant operator raised its 2016 revenue growth and EBITDA outlook. The solid results led Baird reiterate its Outperform rating on the stock with a target price of...
-
Darden Restaurants Q4 Results Previewed By Baird
Monday, June 27, 2016 - 2:59pm | 306Baird maintains its Neutral rating on the shares of Darden Restaurants, Inc. (NYSE: DRI) ahead of the fourth-quarter results announcement. The brokerage has a price objective of $70 on the stock. The company would report its fourth-quarter financial numbers on June 30. Baird analysts led by David...
-
Baird Upgrades Jack In The Box To Outperform, $95 Price Target
Thursday, May 26, 2016 - 4:21pm | 374Baird has upgraded Jack in the Box Inc. (NASDAQ: JACK) to Outperform after the company's "positive" investor meeting suggests that the stock has "plenty of room to run over the next 12-24 months." The stock's upside potential comes from its transition to a leaner,...
-
Baird's David Tarantino Discusses Bullish Starbucks Call On CNBC, Highlights Attractive Valuation
Monday, May 23, 2016 - 4:37pm | 250David Tarantino of Baird reiterated a Buy rating on shares of Starbucks Corporation (NASDAQ: SBUX) on Monday with a $68 price target. Speaking as a guest during CNBC's "Call Of The Day" segment, the analyst defended his bullish thesis and said that Starbucks' valuation is attractive, especially...
-
Wall Street Loves Texas Roadhouse After Q4 Earnings
Tuesday, February 23, 2016 - 5:40pm | 554Shares of Texas Roadhouse Inc (NASDAQ: TXRH) surged more than 12 percent Tuesday after it reported an upbeat earnings for the fourth quarter. The restaurant operator earned $0.32 for the fourth quarter, and the number topped Street view by $0.02. Comparable sales increased 4.5 percent at...
-
McDonald's Turnaround? Wall Street Thinks It's More Likely Now
Tuesday, January 26, 2016 - 12:39pm | 291Robert Baird and Deutsche Bank issued updates on McDonald's Corporation (NYSE: MCD) after the fast-food chain reported strong revenue and earnings that drove the stock higher. Baird analyst David Tarantino rated McDonald's as Neutral and increased his price target from $115 to $122....
-
Analysts Initiate Optimistic Coverage On Zoe's Kitchen As Quiet Period Ends
Tuesday, May 6, 2014 - 1:29pm | 357Zoe's Kitchen (NYSE: ZOES) saw its analyst quiet period end. Analysts were eager to initiate coverage on the restaurant serving Mediterranean-inspired dishes. Analysts Initiate Coverage Stifel analyst Christopher Innes picked Zoe's Kitchen as the top stock-appreciation pick on Tuesday, initiated...