Nick Setyan

Wedbush’s Nick Setyan expects Wingstop Inc (NASDAQ: WING) to see continued upside to the current forecasts, driven by margin outperformance and same store sales growth. Setyan maintained an Outperform rating on the company, with a price target of $36. Growth Drivers The analyst...

Although Panera Bread Co (NASDAQ: PNRA) continues to have drivers to outperform peers in same-store sales growth, Wall Street’s 2017 estimates currently appear optimistic, Wedbush’s Nick Setyan said in a report. Setyan mentioned that Panera’s shares were trading at a 20...

While Shake Shack Inc (NYSE: SHAK) reported its Q3 results marginally ahead of expectations, the company is expected to face intensifying SSS (same-store sales) headwinds in 2017, Wedbush’s Nick Setyan said in a report. He maintains an Underperform rating on Shake Shack, with a price target...

Shares of Buffalo Wild Wings (NASDAQ: BWLD) climbed 4 percent in the pre-market hours after its quarterly earnings met the Street view. However, the company’s comps missed the Street's expectations, 2016's EPS guidance was cut and the wing connoisseur guides negative comps for the...

Wedbush’s Nick Setyan believes the current stock valuation for Chipotle Mexican Grill, Inc. (NYSE: CMG) reflects an “overly optimistic outlook” for the company’s path to recovery. Setyan maintained an Underperform rating on the company, with a price target of $370. The...

Wedbush reiterated its Outperform rating and $115 price target on Jack in the Box Inc. (NASDAQ: JACK) shares, as its checks show solid comps in the fourth quarter and should pave way for potential upside EPS revisions. The company expects same-store sales increase of about 1.0 to 2.0 percent at...

There are many reasons why restaurant sales are facing pressure - including food safety concerns following the Chipotle fallout, a trend towards workers bringing their own food to work, and economic uncertainty forcing consumers to save a few extra dollars instead of dining out. The CEO of...

Wedbush’s Nick Setyan expects continued valuation contraction for Shake Shack Inc (NYSE: SHAK), driven by near and medium term results decreasing the potential for more optimistic scenarios. Setyan reiterated an Underperform rating on the company, with a price target of $30. Shake Shak...

Habit Restaurants Inc (NASDAQ: HABT) reported its Q2 2016 earnings release Wednesday, and followed up with its earnings call that night. Following the released figures, Wedbush said Habit's outlook for 2016 could prove to be conservative, given easing comparisons and management execution. The...

Starbucks Corporation (NASDAQ: SBUX) would likely generate mid- to high-teens annual EPS growth, Wedbush's Nick Setyan said in a report. He maintained an Outperform rating on the company, with a price target of $70. Starbucks' growth is expected to be driven by "Americas comp...

Wedbush sees 24 percent upside in Wingstop Inc (NASDAQ: WING) shares, starting coverage of the stock with an Outperform rating and $35 price target. Dallas, Texas-based Wingstop is a franchiser and operator of restaurants specializing in cooked-to-order, hand-sauced and tossed chicken wings. Broad...

Shares of Shake Shack Inc (NYSE: SHAK) fell more than 2 percent in the Thursday's pre-market hours after Wedbush started coverage of the stock with an Underperform rating and $30 price target, implying a potential downside of 18 percent. Shake Shack is an operator roadside burger stands. Among...