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Papa John's And Sonic: 2 Appetizing Stocks For Value-Hungry Investors
Monday, September 18, 2017 - 1:51pm | 385Analysts at Citigroup identified on Monday two restaurant stocks that could offer value to investors looking to invest in the group. The firm's Gregory Badishkanian initiated coverage of both Papa John's Int'l, Inc. (NASDAQ: PZZA) and Sonic Corporation (NASDAQ: SONC) with bullish...
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Quick Service Restaurants Are Winning This Quarter
Tuesday, May 23, 2017 - 9:21am | 414Quick service restaurant stocks are hot this quarter, at least according to analysts at Citi. Citi's Gregory Badishkanian commented in a brief research report that the battle between McDonald's Corporation (NYSE: MCD), Wendys Co (NASDAQ: WEN) and Burger King's parent company Restaurant Brands...
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Burgers Up: The Redhead, Clown And King Face Off In This Citi Showdown
Friday, September 30, 2016 - 12:19pm | 693Citi in a research note released Friday assessed Wendys Co (NASDAQ: WEN), McDonald's Corporation (NYSE: MCD) and Restaurant Brands International Inc (NYSE: QSR) Burger King on five counts and announced the winners on these criteria. Burger King wins hands down, with the quick service restaurant...
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Citi Analysts Disembark From Norwegian Cruise Line, Say Royal Caribbean Looks Ready To Board
Tuesday, August 23, 2016 - 12:11pm | 318Citi has removed Norwegian Cruise Line Holdings Ltd (NASDAQ: NCLH) from its U.S. focus list, saying Royal Caribbean Cruises Ltd (NYSE: RCL) is the best positioned stock in the sector. The brokerage, which noted that all cruise stocks should perform well in the next 12 months, removed Norwegian...
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Analysts Respond To Yum's Q2 Earnings And Guidance
Thursday, July 14, 2016 - 1:32pm | 361Yum! Brands, Inc. (NYSE: YUM) shares are up 3.2 percent on Thursday after the company reported mostly in-line Q2 earnings, but upped its 2016 guidance once again. Following the report, several Wall Street firms have weighed in on the company. “Despite what mgmt described as ‘challenging...
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Harley Vs. Polaris: Citi's Latest Head-To-Head Investing Battle
Tuesday, September 15, 2015 - 12:53pm | 465Shares of Harley-Davidson Inc (NYSE: HOG) and Polaris Industries Inc. (NYSE: PII) have both underperformed the market by over 1,000 basis points over the past year. Gregory Badishkanian of Citi said in a note on Tuesday that both stocks are "compelling." Polaris is "better...
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The Life Of A Taco Analyst
Tuesday, September 15, 2015 - 10:39am | 379The Mexican restaurant segment has shown relative strength recently. Taco Bell continues to outshine its competition. Chipotle and Del Taco are Citi’s top stock picks in the space. In a new report, Citi Research Group’s Gregory Badishkanian put his taco analyst sombrero on...
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Delicious Investing Faceoff: Domino's Versus Pizza Hut
Friday, September 11, 2015 - 3:12pm | 660Domino's Pizza, Inc. (NYSE: DPZ) and Yum! Brands, Inc. (NYSE: YUM)'s Pizza Hut are two of the largest players in the global pizza market. Gregory Badishkanian of Citigroup said in a new note that Domino's valuation already incorporates "favorable" fundamentals while Yum Brands faces a "sizeable"...
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Citi: Chipotle's Earnings Highlight The Company's Success
Tuesday, April 28, 2015 - 11:26am | 231Citi issued a company update on Chipotle Mexican Grill, Inc. (NYSE: CMG) after the company reported Q1 2015 earnings. Citi rates Chipotle as a Buy and lowered their price target from $782 to $766. Analysts Gregory Badishkanian and Catherine Lee wrote, "CMG has been posting strong results and has...
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Citigroup Sees Improved Outlook At Buffalo Wild Wings
Tuesday, February 24, 2015 - 11:44am | 240In a report published Monday, Citigroup analyst Gregory Badishkanian commented on Buffalo Wild Wings' (NASDAQ: BWLD) fourth-quarter results and why he is more bullish on the company. Badishkanian noted that the company posted "mixed" fourth-quarter results as earnings per share...
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Why Citigroup Lowered Chipotle Mexican Grill's Price Target
Monday, February 9, 2015 - 1:15pm | 198Gregory Badishkanian of Citigroup on Sunday lowered his price target on Chipotle Mexican Grill, Inc. (NYSE: CMG) to $782 from a previous $809 while maintaining a Buy rating. According to Badishkanian, the company reported a "solid" fourth quarter with trends continuing into the new...
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Here's Why Citigroup Lowered McDonald's Estimates And Price Target
Monday, February 2, 2015 - 12:36pm | 218Gregory Badishkanian of Citigroup commented in a note on Sunday that McDonald's Corporation (NYSE: MCD) December global same-store sales of negative 0.1 percent was better than expected, despite the fourth-quarter earnings per share miss. However, Badishkanian notes that McDonald's...
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Citigroup Initiates Coverage On Wendy's, Says Company Is 'A Cut Above' Peers
Thursday, January 8, 2015 - 10:25am | 210Gregory Badishkanian of Citigrioup initiated coverage on Thursday of Wendy's Co (NASDAQ: WEN) with a Buy rating and $11 price target given the company's strong unit economics, restaurant re-imaging, menu innovation, international expansion opportunities and seasoned management team translates to it...
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Citi Raises Yum Estimates, PT Following Quarter Results
Tuesday, June 17, 2014 - 3:32pm | 263In a report published Monday, Citigroup analyst Gregory Badishkanian raised the price target on Yum! Brands (NYSE: YUM) from $75.00 to $85.00 following the company's first quarter results. Summary of SSS Across Divisions Yum! Brands reports a $0.03 EPS beat with its China division SSS...