John Glass

Starbucks Corporation (NASDAQ: SBUX) reported its fiscal second quarter results, which were "good enough but not great," according to Morgan Stanley. The Analyst Morgan Stanley's John Glass maintains an Overweight rating on Starbucks with an unchanged $72 price target. The...

The quick service restaurant industry has benefited in recent years from a "wave of refranchising" in which company-owned stores were sold to franchisees, Morgan Stanley said in an industrywide report. The top question in investors' minds is, according to the sell-side firm: what'...

A plethora of quick service restaurant chains have undergone a refranchising process in the last five years, with company-owned stores being sold to franchisees, Morgan Stanley said in a sector-wide industry report. Now that the process has mostly come to an end, the sell-side firm has become...

Wingstop Inc (NASDAQ: WING) shares plummeted after the restaurant chain issued weak fiscal 2018 earnings guidance at the same time it posted a fourth-quarter earnings and sales beat on Thursday. Morgan Stanley's and Stephens' positions on the company remain unchanged despite the...

Shares 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...

Shares of Starbucks Corporation (NASDAQ: SBUX) were trading lower by 5 percent Friday after the coffee and food chain's fiscal first-quarter earnings report disappointed investors across multiple metrics. Perhaps most notably, same-store sales growth of 2 percent fell short of the 3-percent...

Shares of Shake Shack Inc (NYSE: SHAK) soared in the weeks following its 2015 IPO, but the stock has since lost all momentum and continues to trade below $45.90, which marks the closing price on its first day of trading. The Analyst Morgan Stanley's John Glass upgraded Shake Shack's stock...

Shares 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...

Deutsche Bank's Brett Levy maintained a Buy rating for Starbucks Corporation (NASDAQ: SBUX) and he decreased his price target for the stock from $67 to $62, after the company reported earnings Thursday. Levy said he expects new stores to contribute to top line growth, while integration of East...

Morgan Stanley analyst John Glass maintains his Overweight rating and $41 price target on Yum China Holdings Inc (NYSE: YUMC), after the company reported strong second-quarter earnings. “Following a Q/Q acceleration in KFC SSS, management remains positive on the near-term outlook and is...

Yum! Brands, Inc., the parent company of Taco Bell, KFC and Pizza Hut, is now trading as two separate entities. The first, Yum! Brands, Inc. (NYSE: YUM) consists of the company's global operation except for China, and the second business, Yum China Holdings Inc (NYSE: YUMC), is a licensee of Yum!...

Buffalo Wild Wings (NASDAQ: BWLD) reported its Q3 results, with “better than feared” sales and EPS in line with the consensus. Morgan Stanley’s John Glass maintained an Equal-weight rating on the company, while lowering the price target from $151 to $148. “While...

A day after BJ's Restaurants, Inc. (NASDAQ: BJRI) blamed the presidential elections as impacting its sales, Morgan Stanley reduced the target price from $38 to $35 while maintaining Equal-Weight rating on the stock. The company's earnings for the third quarter failed to meet estimates. Analyst John...