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Sterne Agee Raises Chipotle PT, Sees ~24% Upside
Thursday, March 20, 2014 - 9:14am | 115Sterne Agee raised the price target for Chipotle Mexican Grill (NYSE: CMG) from $603 to $742 and reiterated a Buy rating. The new price target is 24 percent above current levels. Analyst Lynne Collier said Chipotle leads the industry in “unit-level margins of 26.6% (FY13), traffic trends and...
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Sterne Agee Reiterates Buy on McDonald's Ahead of 'Mighty Wings' Launch
Tuesday, August 27, 2013 - 12:37pm | 116In a report published Tuesday, Sterne Agee analyst Lynne Collier reiterated a Buy rating and $107.00 price target on McDonald's Corporation (NYSE: MCD). In the report, Sterne Agee noted, “A restaurant industry news source is indicating that MCD will be rolling out Mighty Wings nationally as an LTO...
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UPDATE: Sterne Agee Initiates Chipotle Mexican Grill at Buy on Compelling Unit Growth Story
Wednesday, June 26, 2013 - 8:53am | 135In a report published Wednesday, Sterne Agee analyst Lynne Collier initiated coverage on Chipotle Mexican Grill (NYSE: CMG) with a Buy rating and $429.00 price target. In the report, Sterne Agee noted, “We are initiating coverage of CMG with a BUY rating and $429 price target, implying ~20%...
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Sterne Agee Reiterates Buy Rating on Darden Restaurants Following 4Q EPS
Friday, June 21, 2013 - 11:35am | 115In a report published Friday, Sterne Agee analyst Lynne Collier reiterated a Buy rating and $55.00 price target on Darden Restaurants (NYSE: DRI). In the report, Sterne Agee noted, “DRI reported 4Q EPS of $1.01 ($1.02 excluding costs from Yard House). This was essentially in line with our...