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What Does Wall Street Think Of Chipotle's New CEO?
Wednesday, February 14, 2018 - 12:16pm | 727Shares of Chipotle Mexican Grill, Inc. (NYSE: CMG) soared by more than 14 percent as it appears investors are happy with the company's move to hire Taco Bell CEO Brian Niccol as its new CEO. Is the sell-side equally happy with the move? The Analysts William Blair's Sharon Zackfia...
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Credit Suisse Gains An Appetite For Domino's Stock
Thursday, January 4, 2018 - 2:26pm | 442The bull vs. bear debate surrounding Domino's Pizza, Inc. (NYSE: DPZ) will likely continue throughout 2018 but one Wall Street analyst decided to join the bull camp. The Analyst Credit Suisse's Jason West upgraded Domino's' stock from Neutral to Outperform with a price target...
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Are Restaurants Safe From The Amazon Effect?
Thursday, November 30, 2017 - 1:12pm | 1147For every $1 a consumer spends online, it's $1 less that a company like Amazon.com, Inc. (NASDAQ: AMZN) collects and one less dollar spent in malls. While the immediate impact to retailers and department stores is apparent, investors aren't necessarily appreciating the negative impact to...
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The Sell-Side Take On B-Dubs Buyout Rumors
Tuesday, November 14, 2017 - 4:56pm | 849Shares of Buffalo Wild Wings (NASDAQ: BWLD) surged higher by 25 percent Tuesday after The Wall Street Journal reported the restaurant could be acquired by Roark Capital Group, a private equity firm, for more than $2.3 billion, or around $150 per share. Here's how some of Wall Street's top...
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When Should You Take A Slice Of Domino's Pizza Stock?
Wednesday, October 4, 2017 - 11:51am | 445While viewing Domino's Pizza, Inc. (NYSE: DPZ) as still hot, Credit Suisse feels competition could eventually take a bite out of the company. Therefore, the firm indicated now might not be the right time to invest in the company's shares. As such, the firm initiated coverage of Domino's...
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Will Short Sellers Hang On To Restaurant Brands International?
Friday, September 8, 2017 - 9:13am | 480Credit Suisse and other analysts are bullish on this restaurant operator. Yet short sellers have been betting heavily against the stock. Its share price has seesawed in the past few weeks. Credit Suisse found reason to be bullish on Restaurant Brands International Inc (NYSE: QSR). Hence...
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4 Catalysts Driving A Bullish View On Restaurant Brands
Thursday, September 7, 2017 - 1:29pm | 478Restaurant Brands International Inc (NYSE: QSR), the parent company of Burger King, Popeye's Louisiana Kitchen, and Tim Hortons, is among the small handful of companies that are expected to grow earnings in the face of sales and margin pressure, analysts at Credit Suisse said. As such, the firm...
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Rumor Has It Chipotle's Queso Launch Planned For Sept. 12
Tuesday, August 29, 2017 - 10:15am | 404Analysts at Credit Suisse are working under the assumption that Chipotle Mexican Grill, Inc. (NYSE: CMG) is prepping for a national launch of its queso cheese dip as soon as Sept. 12. The casual fast food restaurant chain has been testing its queso product in 350 restaurants since Aug. 1, and...
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Online Sentiment For Chipotle Is - Surprise - Not Good
Monday, July 24, 2017 - 12:01pm | 443Following Chipotle Mexican Grill, Inc. (NYSE: CMG)'s disastrous week when shares fell over 12 percent, sentiment continues to be negative. Credit Suisse analyst Jason West lowered his price target from $425 to $325 with a Neutral rating. The million-dollar question analysts have been trying to...
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4 Big Takeaways From Chipotle's Updated Guidance
Tuesday, June 20, 2017 - 4:26pm | 473Chipotle Mexican Grill Inc. (NYSE: CMG) reiterated its high single-digit 2017 same-restaurant sales growth guidance on Monday evening and said it expects rising costs in Q2. Several Wall Street analysts commented on the stock following the updated guidance. Here’s a look at the key themes...
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Taco Bell Thinks Outside The Bun, Focuses On Growing Outside The U.S.
Friday, May 26, 2017 - 12:12pm | 499Inspired by Taco Bell’s fresh focus on international markets, Credit Suisse analysts Jason West and Jordy Winslow came out of Thursday’s Investor Day more bullish on the Yum! Brands, Inc. (NYSE: YUM) fast-food segment. West and Winslow were particularly inspired by improvement to Taco...
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What Do Wall Street Analysts Think Of The Panera Up-For-Sale Report?
Tuesday, April 4, 2017 - 3:48pm | 907Shares of Panera Bread Co (NASDAQ: PNRA) soared to new all-time highs of $292.42 last Friday following a Bloomberg report that suggested the sandwich and bakery chain may be exploring strategic alternatives, including a potential sale of itself. Here is a summary of what some of Wall Street's most...
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Fresh Beef At McDonald's Could Boost Sales, Brand Reputation, Says Credit Suisse
Friday, March 31, 2017 - 11:57am | 454McDonald’s Corporation (NYSE: MCD)’s switch to fresh beef in its Quarter Pounders, slated to begin by mid-2018, will boost burger sales along with the fast food chain’s reputation, according to Credit Suisse analysts. The move could also reignite competition between the Golden...
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Rebound In McDonald's Comps Continues To Accelerate
Friday, March 17, 2017 - 9:22am | 329Following checks with several U.S. franchisees of McDonald's Corporation (NYSE: MCD), Credit Suisse’s Jason West said same-store sales appear to have accelerated further through March to-date. The analyst maintained an Outperform rating on the company, with a price target of $137....
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Starbucks' Same-Store Sales Fall Below 4% For First Time Since 2009
Friday, January 27, 2017 - 2:32pm | 385Shares of Starbucks Corporation (NASDAQ: SBUX) were trading lower by around 4 percent Friday morning after the company's