-
Citi Expects Harley-Davidson's Q4 To Impress In View Of July Financing Promotions
Tuesday, August 30, 2016 - 8:59am | 362Citi’s latest survey across 30 dealers of Harley-Davidson Inc (NYSE: HOG) suggests the MY17 Touring models have been quite impactful and were likely to drive incremental sales through the next 12 months. Citi’s Gregory R. Badishkanian maintains a Buy rating on the company, with a price...
-
US Foods Gets Buy Rating From Citi, Sees Robust Runway For Future Growth
Monday, June 20, 2016 - 8:26am | 287Citi’s Gregory R. Badishkanian believes US Foods Holding Corp (NYSE: USFD) “appears well positioned for future market share gains, especially in the higher margin independent category that should help drive improved operating performance and enable balance sheet leverage to decline in...
-
YUM! Brands' KFC China Sales Lead To Encouraging Start For 2016
Thursday, April 21, 2016 - 8:26am | 288Citi’s Gregory R. Badishkanian mentioned that Yum! Brands, Inc. (NYSE: YUM) made a good start to the year with robust 1Q results, driven by better than expected China same store sales. The analyst maintained a Neutral rating on the company, with a price target of $76. Solid 1Q...
-
Citi Raises Target On Chipotle To $605
Friday, February 19, 2016 - 10:14am | 257Citi's Gregory R. Badishkanian has maintained a Buy rating on Chipotle Mexican Grill, Inc. (NYSE: CMG), while raising the price target from $551 to $605. The company reported its 4Q same-store sales in line with its pre-announcement in early January of a 14.6 percent decline. The EPS for the...
-
Fast Casual Pizza Rising Like Dough: Citi's Take On MOD Pizza And Its Peers
Wednesday, September 2, 2015 - 3:13pm | 482Privately-held MOD Pizza was founded in 2007 and has since become an emerging fast casual pizza concept with more than 65 stores open. Personal pizzas are sold for approximately $7.50 and served 5 to 7 minutes after ordered. Citi recently hosted a follow-up call with Co-Founder and CEO Scott...
-
Citgroup Analyst Sees More Slow Growth For Fast Food
Thursday, January 8, 2015 - 3:53pm | 298Slow growth for fast food suggests the middle class isn't getting a bang from the economy's recovery, but higher-priced restaurants should see healthy sales trends, an analyst said Thursday. Citigroup's Gregory R Badishkanian sees total industry sales growth in the low single digits...
-
UPDATE: Citigroup Reiterates on Jarden Following 4Q EPS Report
Tuesday, February 18, 2014 - 11:28am | 128In a report published Tuesday, Citigroup analyst Gregory R. Badishkanian reiterated a Buy rating on Jarden (NYSE: JAH), and raised the price target from $64.00 to $71.00. In the report, Citigroup noted, “JAH reported 4Q EPS of $1.31 (excl -$1.02 of extraordinary items) vs. FC of $1.30 and implied...
-
UPDATE: Citigroup Raises PT on McDonald's on November SSS Report
Tuesday, December 10, 2013 - 11:51am | 155In a report published Tuesday, Citigroup analyst Gregory R. Badishkanian reiterated a Neutral rating on McDonald's Corporation (NYSE: MCD), and raised the price target from $100.00 to $103.00. In the report, Citigroup noted, “Nov SSS were -0.8% (+0.9% impact from trading day) vs. FC of +0.3% and +...
-
UPDATE: Citigroup Lowers PT on Yum! Brands Following Further Thoughts on 3Q13
Monday, October 14, 2013 - 12:26pm | 194In a report published Monday, Citigroup analyst Gregory R. Badishkanian reiterated a Neutral rating on Yum! Brands (NYSE: YUM), but lowered the price target from $75.00 to $72.00. In the report, Citigroup noted, “Mgmt mentioned 4Q China SSS will be better than 3Q SSS, but not positive as they...
-
UPDATE: Citigroup Lowers PT on Carnival Corporation Following 3Q13 Results
Wednesday, September 25, 2013 - 11:31am | 148In a report published Wednesday, Citigroup analyst Gregory R. Badishkanian reiterated a Buy rating on Carnival Corporation (NYSE: CCL), but lowered the price target from $40.00 to $39.00. In the report, Citigroup noted, “3Q EPS was $1.38 (excluding 18c of impairment/unrealized gains on fuel...
-
UPDATE: Citigroup Raises PT on United Natural Foods Ahead of Expected Revenue Growth
Monday, September 16, 2013 - 12:18pm | 127In a report published Monday, Citigroup analyst Gregory R. Badishkanian reiterated a Buy rating on <strong.united natural="" foods=""> (NASDAQ: UNFI), and raised the price target from $64.00 to $80.00. In the report, Citigroup noted, “We rate United Natural Foods Buy. United Natural Foods,...
-
UPDATE: Citigroup Raises PT on Harley-Davidson on Positive Outlook
Monday, September 9, 2013 - 12:25pm | 148In a report published Monday, Citigroup analyst Gregory R Badishkanian reiterated a Buy rating on Harley-Davidson (NYSE: HOG), and raised the price target from $64.00 to $72.00. In the report, Citigroup noted, “We view HOG as a high conviction long idea. Not only are our checks seeing strong sales...
-
UPDATE: Citigroup Raises PT on Jarden Following Yankee Candle Acquisition Announcement
Thursday, September 5, 2013 - 11:52am | 163In a report published Thursday, Citigroup analyst Gregory R. Badishkanian reiterated a Buy rating on Jarden Corp. (NYSE: JAH), and raised the price target from $53.00 to $55.00. In the report, Citigroup noted, “JAH announced it will acquire Yankee Candle for approximately $1.75bn in cash. Yankee...
-
UPDATE: Citigroup Raises PT on NutriSystem on Successful Turnaround
Wednesday, July 31, 2013 - 11:33am | 157In a report published Wednesday, Citigroup analyst Gregory R. Badishkanian reiterated a Buy rating on NutriSystem (NASDAQ: NTRI), and raised the price target from $10.00 to $15.00. In the report, Citigroup noted, “Management appears to be successfully engineering a turnaround of the NutriSystem...
-
UPDATE: Citigroup Raises PT on Starbucks Following F3Q13 EPS Report
Monday, July 29, 2013 - 10:43am | 128In a report published Monday, Citigroup analyst Gregory R. Badishkanian reiterated a Buy rating on Starbucks (NASDAQ: SBUX), and raised the price target from $70.00 to $84.00. In the report, Citigroup noted, “F3Q13 EPS was 55c vs. the FC est of 53c, on revs of $3.74B vs. FC of $3.72B. A...