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Chipotle's Q4 Has Some Bullish While Others Wanted More
Wednesday, February 5, 2020 - 12:51pm | 739Chipotle Mexican Grill, Inc. (NYSE: CMG) reported fourth-quarter results highlighted by an EPS and same-store sales beat, driven by the limited-time carne asada option. Chipotle CFO: 'Just Getting Started' Chipotle CFO Jack Hartung was a guest on CNBC's "Mad Money" and told...
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Wedbush Double Upgrades Texas Roadhouse On Hopes Of Successful 2020
Tuesday, February 4, 2020 - 2:16pm | 356Restaurant chain Texas Roadhouse Inc (NASDAQ: TXRH) should be able to show investors better-than-expected same-store sales growth and margins in 2020, according to Wedbush. The Texas Roadhouse Analyst Nick Setyan upgraded Texas Roadhouse from Neutral to Outperform with a price target lifted from $...
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The Street Debates Starbucks' Quarter
Wednesday, January 29, 2020 - 5:32pm | 625Starbucks Corporation (NASDAQ: SBUX) reported Tuesday fiscal first-quarter results taht were overshadowed by the concerning coronavirus spread in China where the company has a big presence. The Street attempted to look past any near-term concern to better understand if the stock should be bought at...
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Wedbush Upgrades Wingstop, Says It Has Wings To Fly Higher In 2020 And Beyond
Friday, January 3, 2020 - 10:37am | 311Wingstop Inc (NASDAQ: WING) is scheduled to host an Investor Day presentation on Jan. 16 and management is likely to detail multiple catalysts that will translate to outperformance versus current expectations, according to Wedbush. The Analyst Nick Setyan upgraded Wingstop's stock from Neutral...
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Wedbush Upgrades Chuy's On Expectations Of 2020 Being A Breakout Year
Friday, November 22, 2019 - 3:56pm | 254Drivers seem to exist for Chuy's Holdings Inc (NASDAQ: CHUY) to generate higher same-store sales growth and margins than the current 2020 expectations, according to Wedbush. The Analyst Wedbush’s Nick Setyan upgraded Chuy's Holdings from Neutral to Outperform raising the price...
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Sell-Side Digests Shake Shack's Earnings, Guidance
Tuesday, November 5, 2019 - 1:10pm | 570Shake Shack Inc (NYSE: SHAK) on Monday reported third-quarter results, leading to a 20% stock drop but some analysts continue to like the stock. The Analysts Wedbush analyst Nick Setyan maintains a Neutral rating on Shake Shack's stock with a price target lowered from $84 to $75. Morgan Stanley...
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Wedbush Remains A Del Taco Bull Despite Disappointing Quarter
Tuesday, October 22, 2019 - 4:56pm | 355Mexican-American quick service restaurant chain Del Taco Restaurants Inc (NASDAQ: TACO) reported disappointing third quarter results Monday afternoon which could result in a "realistic bar" moving forward, according to Wedbush. The Analyst Wedbush analyst Nick Setyan maintains an...
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Despite Lackluster Quarter, Sell-Side Says Domino's Will Eventually Beat Back New Third-Party Delivery Competition
Wednesday, October 9, 2019 - 12:19pm | 627Domino’s Pizza, Inc. (NYSE: DPZ) was in the delivery business before delivery was so cool, and it will withstand the current onslaught of new food delivery companies, analysts said as they kept bullish ratings intact despite mixed third-quarter results. The Analysts Wedbush analyst Nick...
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Wedbush Likes Domino's Pizza, Says Pressure From Third-Party Delivery Is 'Unsustainable'
Friday, October 4, 2019 - 1:48pm | 350Domino’s Pizza, Inc. (NYSE: DPZ) has received a new initiation of coverage. The Analyst Wedbush analyst Nick Setyan initiated coverage on the stock with an Outperform rating and a $280 price target. The Thesis Setyan says Domino’s financial model is among the most compelling in the...
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Wedbush Dishes Up 4 Reasons To Like Chipotle Mexican Grill
Monday, September 9, 2019 - 9:34am | 392Chipotle Mexican Grill, Inc. (NYSE: CMG) has shown recent momentum in its business and this could be sustained over the long term, Wedbush said in a research report. The Analyst Wedbush analyst Nick Setyan upgraded Chipotle Mexican Grill from Neutral to Outperform with a price target lifted from $...
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The Street Agrees: Shake Shack Delivered Tasty Q2, But Valuation Is Full
Tuesday, August 6, 2019 - 1:34pm | 591Shake Shack Inc (NYSE: SHAK) delivered second-quarter results that came in notably above expectations but few analysts find the valuation attractive at current levels. The Analysts Barclays' Jeffrey Bernstein maintains a Neutral rating on Shake Shack with a $70 price target. Morgan Stanley'...
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Wedbush: Del Taco Could Meet Lower End Of Guidance Despite Slow Start To Q3
Tuesday, July 30, 2019 - 4:52pm | 270Del Taco Restaurants Inc (NASDAQ: TACO) reported mixed second-quarter results and gave lukewarm quarter-to-date commentary for the third quarter. Despite these developments, the company is likely to meet at least the low end of its same-store sales and margin guidance, according to Wedbush. The...
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Texas Roadhouse Analysts Pick At Q2 Results
Tuesday, July 30, 2019 - 12:43pm | 652The steakhouse restaurant chain Texas Roadhouse Inc (NASDAQ: TXRH) reported second-quarter results Monday that were highlighted by inline EPS at 63 cents per share and a slight revenue beat at $689.83 million versus expectations of $687.99 million. Wall Street analysts weighed in after the...
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Chipotle Shares Hit New All-Time Highs: The Street Debates What's Next
Wednesday, July 24, 2019 - 1:05pm | 865Chipotle Mexican Grill, Inc. (NYSE: CMG) reported better-than-expected second-quarter results highlighted by strong growth in digital sales. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts BMO Capital Markets' Andrew Strelzik maintains an...
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Wedbush Downgrades Wingstop, Valuation Reflects Growth Momentum
Tuesday, July 16, 2019 - 3:19pm | 334Wingstop Inc (NASDAQ:WING) has gained more than 50% in value since late 2018. The Analyst Wedbush's Nick Setyan downgraded Wingstop from Outperform to Neutral with a price target lifted from $83 to $92. The Thesis Wingstop's stock is up around 30% since early May and it now appears a same-...