-
The Bob Evans Sale-Leaseback Means Good Things For Bloomin' Brands
Thursday, April 21, 2016 - 6:46am | 287Read More...The Bob Evans Farms Inc (NASDAQ: BOBE) sale-leaseback terms could provide some insight into a similar deal by Bloomin’ Brands Inc (NASDAQ: BLMN). According to Credit Suisse analyst Jason West, the terms of the Bob Evans deal are not surprising. “We had estimated that BLMN’s...
-
Credit Suisse SSS Checks Show Surprise Potential At Dunkin Donuts
Wednesday, April 20, 2016 - 10:30am | 234Read More...Dunkin Brands Group Inc (NASDAQ: DNKN) is scheduled to report its 1Q results on April 28. Credit Suisse’s Jason West maintained an Outperform rating for the company, with a price target of $50, while raising the estimates based on positive 1Q checks. Positive SSS Checks “Our...
-
Chipotle Sentiment 'Choppy But Recovering,' Credit Suisse Says
Friday, April 15, 2016 - 10:12am | 315Read More...Chipotle Mexican Grill, Inc. (NYSE: CMG) is scheduled to report its 1Q results on April 26. Credit Suisse’s Jason West maintained an Outperform rating for the company, with a price target of $550. The analyst expects the focus to be on 2Q, since Chipotle had already preannounced its 1Q EPS...
-
McDonald's Same-Store Sales Appear To Be Improving In America, Data Shows
Tuesday, March 29, 2016 - 11:25am | 299Read More...Credit Suisse’s Jason West maintained an Outperform rating on McDonald's Corporation (NYSE: MCD), while raising the price target from $130 to $135. Same-Store Sales Up “Across our contacts, 1Q16 US SSS are running comfortably in the positive mid-single digit range, driven by...
-
Credit Suisse Warns Of Near-Term Disappointment Risk At Chipotle, Cuts Target To $475
Monday, March 7, 2016 - 9:28am | 265Read More...Credit Suisse’s Jason West maintained an Outperform rating for Chipotle Mexican Grill, Inc. (NYSE: CMG), while raising the price target from $475 to $550. He said that improved traffic suggested that customers are willing to give the brand a second chance, supporting a recovery in the long...
-
What Does Wall Street Think Of Starbucks' Earnings?
Friday, January 22, 2016 - 2:11pm | 289Read More...Starbucks Corporation (NASDAQ: SBUX) is down 1.0 percent this week after the company reported mostly in-line earnings but gave relatively weak 2016 guidance. Here’s a look at what several top firms have to say about the stock now. Stephens Analyst Will Slabaugh likes the company’s top-...
-
McDonald's Spikes Lower, But Wall Street Darling Still Closer To 52-Week High Than 52-Week Low
Thursday, January 14, 2016 - 12:06pm | 260Read More...McDonald's Corporation (NASDAQ: MCD) is understandably being hit by the broader market selloff. The stock is down almost 2 percent in 2016, but is still better off than Chipotle Mexican Grill, Inc. (NYSE: CMG) or The Wendy's Company (NYSE: WEN) have fared this year. Earlier on Thursday...
-
Credit Suisse Reiterates Underperform On Zoe's Kitchen Following ICR Conference
Thursday, January 14, 2016 - 11:50am | 293Read More...Zoe's Kitchen Inc (NYSE: ZOES) shares are down 22 percent in the last three months. Credit Suisse’s Jason West maintained an Underperform rating for the company, with a price target of $27. While 4Q results are unlikely to disappoint, the slowing SSS momentum is a concern area,...
-
Credit Suisse Says Be Patient In Chipotle; Maintains Outperform, $530 Target
Thursday, January 14, 2016 - 9:21am | 324Read More...Chipotle Mexican Grill, Inc. (NYSE: CMG) shares have dipped 40.04 percent over the past three months, to a low of $404.26 on January 12. Jason West of Credit Suisse has maintained an Outperform rating and price target of $530 on the company. Although the “all clear” from the...
-
Has Wall Street Had Its Fill Of Chipotle?
Thursday, January 7, 2016 - 2:09pm | 367Read More...Weak December sales and ongoing concerns over E. coli have sent Chipotle Mexican Grill, Inc. (NYSE: CMG) shares plummeting. Is there hope for Chipotle to right the ship anytime soon, or are shareholders in for a rough 2016? Here’s what five Wall Street analysts have to say. Cowen And...
-
Chipotle Negative News Flow Not Over: Credit Suisse Still Searching For An End
Thursday, January 7, 2016 - 10:36am | 388Read More...Shares of Chipotle Mexican Grill, Inc. (NYSE: CMG) have dipped 40.17 percent over the past three months, declining to a low of $426.67 on January 6. Jason West of Credit Suisse has maintained an Outperform rating on the company, while lowering the price target from $575 to $530. The...
-
Wall Street Is Turning Against Chipotle
Tuesday, January 5, 2016 - 12:41pm | 498Read More...Chipotle Mexican Grill, Inc. (NYSE: CMG)'s stock debuted 2016 on a sour note, hitting a new 52-week low of $447.50 on Monday. By Tuesday, some of Wall Street's top research firms provided mixed commentary as analysts at Stephens initiated coverage of the stock at Underweight while...
-
3 Reasons Credit Suisse Cut Zoe's Kitchen To Underperform
Tuesday, December 15, 2015 - 9:15am | 251Read More...Shares of Zoe's Kitchen Inc (NYSE: ZOES) have declined 20.6 percent over the past six months, hitting a low of $30.44 on November 17. Jason West of Credit Suisse has downgraded the rating on the company from Neutral to Underperform, while lowering the price target from $36 to $27. The...
-
Credit Suisse's Top 10 Consumer Discretionary Stocks: J M Smucker Out, Kellogg In
Tuesday, December 8, 2015 - 9:46am | 772Read More...The consumer discretionary sector has been one of the market’s brightest sectors in 2015, and the Consumer Discretionary SPDR (ETF) (NYSE: XLY) has gained 11.5 percent versus the S&P 500’s 0.7 percent gain year-to-date. For the first time in two months, Credit Suisse analysts have...
-
Wall Street Mixed On Chipotle: More Educated Customer Base And Food With Integrity Branding Complicates
Monday, December 7, 2015 - 10:05am | 1019Read More...Shares of Chipotle Mexican Grill, Inc. (NYSE: CMG) plunged nearly 10 percent early Monday morning and fell below its prior 52-week low of $532.03. Chipotle provided guidance on Friday and expects to earn $2.45 to $2.85 in the fourth quarter (versus estimates of $4.41) as the impact from the recent...
