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3 Reasons Canaccord Stays Sidelined On Fiesta Restaurant Group
Tuesday, August 23, 2016 - 12:29pm | 455Read More...Canaccord Genuity has started coverage of Fiesta Restaurant Group Inc (NASDAQ: FRGI) with a Hold rating, as it remains sidelined on weak traffic and growing pains despite attractive valuation. "We are initiating on Fiesta (FRGI) with a HOLD rating given the following: (1) the entry of Pollo...
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Texas Roadhouse Is A Long-Term Market Share Winner, But Remains Susceptible To Industry Headwinds
Tuesday, August 23, 2016 - 11:38am | 324Read More...Canaccord Genuity analysts Lynne Collier and Philip May believe that Texas Roadhouse Inc (NASDAQ: TXRH) could be a market share winner in the long term. However, the company is vulnerable to broader industry headwinds. The brokerage said the company enjoys a good brand value by offering superior...
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BJ's Restaurants Initiated At Hold By Canaccord
Tuesday, August 23, 2016 - 11:20am | 271Read More...Canaccord Genuity started coverage of BJ's Restaurants, Inc. (NASDAQ: BJRI) with a Hold rating, primarily on a slowdown in top-line trends and margins have likely peaked near-term. "While we acknowledge a historically attractive valuation and unit growth profile, the deceleration in...
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For Canaccord Analysts, Brinker International Stock Isn't Worth The Chase
Tuesday, August 23, 2016 - 11:16am | 346Read More...Following better than expected Q4 results and guidance, as well as the announcement of further share buybacks, Brinker International, Inc. (NYSE: EAT) shares have rallied 14.7 percent since August 10. Canaccord Genuity’s Lynne Collier initiated coverage of the company with a Hold rating...
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Competition In The Burger Category Might Keep Red Robin From Taking Flight
Tuesday, August 23, 2016 - 11:06am | 304Read More...Canaccord Genuity initiated its coverage on Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) with a Hold rating. The brokerage has a price tag of $53 on the company's shares. The analysts, Lynne Collier and Philip May, believe the upcoming months will show little change, citing competition in the...
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McDonald's Historically High Valuation The Cause For Canaccord's Hold Rating
Tuesday, August 23, 2016 - 10:57am | 408Read More...Canaccord Genuity’s Lynne Collier expressed concern regarding McDonald's Corporation (NYSE: MCD) shares trading at a premium to their historical average, especially given expectations of a slowdown in same store sales in H2:16, as compared to H1:16. Collier initiated coverage of the...
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Why Canaccord Only Has An Appetite For These 4 Restaurant Stocks
Tuesday, August 23, 2016 - 10:05am | 597Read More...While there are concerns surrounding the restaurant industry, given the recent top-line issues and ongoing elevated labor costs, multiples contraction had presented some opportunities, Canaccord Genuity’s Lynne Collier said in a report. He initiated coverage of four companies with Buy...
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Icing On The Cake: Cheesecake Factory Is A 'Best-In-Class' Operator, Says Canaccord
Tuesday, August 23, 2016 - 9:51am | 334Read More...Canaccord Genuity initiated coverage on Cheesecake Factory Inc (NASDAQ: CAKE) with a Hold rating citing balanced risk and reward. However, analysts Lynne Collier and Philip May termed the restaurant a "Best-in-Class" operator. The brokerage, which has a price target of $54 on the company's shares,...
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6 Initiatives Brinker Is Using To Win Back Share
Friday, June 10, 2016 - 3:35pm | 309Read More...Sterne Agee CRT analysts Lynne Collier and Phillip May maintain a Buy rating on Brinker International, Inc. (NYSE: EAT) shares following the company's Investor Day. The brokerage also kept a price target of $51.00. The analyst cited six initiatives they feel the company is using to win back share....
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Cheesecake Factory Needs More Sweet To Enthuse Street
Wednesday, February 17, 2016 - 2:18pm | 629Read More...The Cheesecake Factory Inc (NASDAQ: CAKE) has managed to keep the Wall Street analysts "encouraged" despite fourth-quarter results being a mixed bag. However, the company needs to reverse its negative traffic trends to make the Street more optimistic on its fundamentals. The company's quarterly...
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Chipotle's E. Coli News Is Scaring These Analysts
Monday, November 23, 2015 - 1:20pm | 849Read More...The Centers for Disease Control announced six new cases of E. coli linked to Chipotle Mexican Grill, Inc. (NYSE: CMG) restaurants in California, Ohio, New York, and Minnesota. Chipotle's stock declined Monday morning, hitting a new 52-week low of $532.03 before rebounding and trading...
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Buffalo Wild Wings Purchases 41 Restaurants: Here's What Two Analysts Are Saying
Friday, June 12, 2015 - 12:53pm | 397Read More...Buffalo Wild Wings (NASDAQ: BWLD) on Thursday announced its plan to acquire 41 franchise units across three states for $160 million. Here are what two of Wall Street's top analysts are saying: Sterne Agee CRT: Acquisition Should Be Accretive To Earnings Lynne Collier of Sterne Agee CRT...
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Sterne Agee's Reasons To Love Buffalo Wild Wings
Thursday, May 28, 2015 - 3:26pm | 373Read More...In a report published Thursday, Sterne Agee analyst Lynne Collier looks into the restaurant industry and, more specifically, into Buffalo Wild Wings (NASDAQ: BWLD). Industry Numbers For May Based on the firm’s regular checks, analysts estimate that casual dining same-store sales through...
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UPDATE: Sterne Agee Initiates Coverage on Fiesta Restaurant Group on Open-Ended Growth Story
Tuesday, December 9, 2014 - 12:36pm | 152Read More...In a report published Tuesday, Sterne Agee analyst Lynne Collier initiated coverage on Fiesta Restaurant Group (NASDAQ: FRGI) with a Buy rating and $67.00 price target. In the report, Sterne Agee noted, “We believe that Fiesta Restaurant Group (FRGI) represents one of the most compelling long-term...
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Carl Icahn May Take A Bite Of McDonald's Corporation
Tuesday, September 30, 2014 - 2:47pm | 456Read More...Shares of McDonald’s Corporation (NYSE: MCD) on Monday climbed as high as 2.7 percent, marking the largest percentage gain of the year for the world’s biggest restaurant company. With nearly three times the regular volume, shares reached $97.30 at one point during Monday’s...
