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For Chipotle, The Worst Is Over Soon Or Not Depending On Who You Ask
Thursday, October 19, 2017 - 1:31pm | 422The negative sentiment surrounding Chipotle Mexican Grill, Inc. (NYSE: CMG) intensified this week after analysts at Bank of America downgraded the stock. But in reality, only 11 percent of Wall Street analysts have a Sell rating on Chipotle's stock with the majority recommending a Hold rating, Gina...
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The Dow Stock That's In A 'Death Cross'
Friday, October 13, 2017 - 11:41am | 338Nike Inc (NYSE: NKE) is among the most struggling stocks on the Dow, trading flat since the start of 2017 and down nearly 2 percent over the past year. But with the stock flirting with its 52-week lows, investors who are hoping for a rebound might find themselves on the wrong side of the trade,...
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What Is The 'Dow Theory Buy Signal' And Why Should Investors Care?
Saturday, July 15, 2017 - 10:40am | 384The classic "Dow Theory buy signal" isn't a tell-all sign of market direction, but it is closely watched by many professionals. The theory holds that if transportation stocks move higher than the broader market will follow suit, Matt Maley, an equity strategist at Miller Tabak...
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Why Raymond James Downgraded Potash: Not The First To See Red Flags?
Wednesday, July 29, 2015 - 2:20pm | 337In a report issued Wednesday, Raymond James analysts Steve Hansen and Daniel Chew downgraded their rating on shares of Potash Corp./Saskatchewan (USA) (NYSE: POT) from Outperform to Market Perform after seeing "red flags rising." The firm trimmed its price target from $36.00 to $30.00...
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While Chipotle's Business Model Is 'Hard To Duplicate,' Experts Are Mixed On The Stock
Monday, July 20, 2015 - 2:42pm | 766Chipotle Mexican Grill, Inc. (NYSE: CMG) is scheduled to report its second quarter results after Tuesday's market close. Estimize, the crowd-sourced earnings and economic rating platform is expecting the company (based on 73 estimates) to earn $4.47 per share on revenue of $1.224 billion. This...
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What's Next For Chipotle?
Monday, July 6, 2015 - 4:26pm | 486Shares of Chipotle Mexican Grill, Inc. (NYSE: CMG) fell about 0.4 percent ($2.39) on Monday. Barron's said on Friday that the company is “losing its spice.” According to analyst Jack Willoughby, the stock could tumble another 15 percent to 20 percent (it's down more than 17...
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Falling Expectations For Bob Evans Farms
Monday, June 15, 2015 - 2:28pm | 278Shares of Bob Evans Farms Inc (NASDAQ: BOBE) are surging on Monday afternoon, in anticipation of the company’s fourth quarter financial results, scheduled for release after the market closes on Tuesday. According to Estimize, both experts and the crowd expect to see an 8 percent year-over...
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NYSE Floor Trader Jonathan Corpina: Greek Crisis Won't Move U.S. Markets
Friday, June 12, 2015 - 4:34pm | 437Jonathan Corpina was recently a guest on #PreMarket Prep, a daily trading idea radio show hosted by Joel Elconin and Dennis Dick. Tune in to the daily broadcast live Monday-Friday at 8 a.m. ET here. Major stock indices were lower Friday on fresh worries of a Greek government default, but a New...
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Miller Tabak Upgrades Bob Evans, Says 'Bull Thesis Returns' To Company
Friday, June 12, 2015 - 8:53am | 217In a report published Friday, Miller Tabak analyst Stephen Anderson upgraded the rating on Bob Evans Farms Inc (NASDAQ: BOBE) from Hold to Buy, while raising the price target from $50 to $57, saying that the company would be pursuing more aggressive asset sales. Analyst Stephen Anderson said that...
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Miller Tabak Upgrades Bob Evans Farms To Buy
Friday, June 12, 2015 - 8:44am | 56Miller Tabak upgraded Bob Evans Farms Inc (NASDAQ: BOBE) from Hold to Buy. Bob Evans Farms shares have dropped 5.32 percent over the past 52 weeks, while the S&P 500 index has surged 8.92 percent in the same period. Bob Evans Farms shares climbed 3.25 percent to $47.60 in after-hours trading.
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Bulls, Bears Hungry For Chipotle
Thursday, May 28, 2015 - 5:18pm | 483Two major Wall Street research firms weighed in on Chipotle Mexican Grill, Inc. (NYSE: CMG) on Thursday. While Wunderlich is worried about the Avian Flu hurting the company and reiterated a Hold rating on the stock, Miller Tabak upgraded it to a Buy on growth potential and a recent pullback in...
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Miller Tabak Upgrades Chipotle, Says 'Pullback Provides Opportunity'
Thursday, May 28, 2015 - 7:38am | 249In a report published Thursday, Miller Tabak analyst Stephen Anderson upgraded the rating on Chipotle Mexican Grill, Inc. (NYSE: CMG) from Hold to Buy. The price target was raised from $715 to $725. The analyst expects the company to average EPS growth of at least 25 percent through 2016....
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Miller Tabak Upgrades Brinker International To Buy
Thursday, May 14, 2015 - 8:08am | 66Analysts at Miller Tabak upgraded Brinker International, Inc. (NYSE: EAT) from Hold to Buy. The price target for Brinker International has been raised from $63.00 to $65.00. Brinker International shares have gained 11.67 percent over the past 52 weeks, while the S&P 500 index has surged 11.12...
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Why McDonald's Cost Savings Plan Fails To Live Up To Its Promise
Tuesday, May 5, 2015 - 4:21pm | 311McDonald's Corporation (NYSE: MCD) CEO Steve Easterbrook recently announced a $300 million annual cost savings plan which will include selling restaurants to franchisees and reorganizing business units. Stephen Anderson, restaurant analyst at Miller Tabak, was on CNBC Tuesday to weigh...
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Talking 'Monsanto-Syngenta Chatter 2.0' With This Street Analyst
Monday, May 4, 2015 - 9:19am | 231In a report published Monday, Miller Tabak & Co analyst Tim Tiberio said that the strategic rationale of the merger between Syngenta AG (NYSE: SYT) and Monsanto Company (NYSE: MON) has grown since 2014, although there are still "elevated transaction risks." Miller Tabak & Co, which has a...