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For Chipotle, Concerns That Queso Isn't Connecting With Consumers
Friday, October 13, 2017 - 8:41am | 429Investors who previously hoped the introduction of Queso to Chipotle Mexican Grill, Inc. (NYSE: CMG)'s menu offering would help improve traffic and boost the stock higher may want to reconsider, according to analysts at Wells Fargo. Analyst Jeff Farmer thinks queso just may not be connecting...
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Queso Fail, Other Headwinds Lead This Analyst To Remain Cautious On Chipotle
Wednesday, October 11, 2017 - 2:33pm | 388Analysts at Stephens continue to hold a cautious view on Chipotle Mexican Grill, Inc. (NYSE: CMG) despite a recent upgrade. The firm's Will Slabaugh upgraded Chipotle's stock to Equal-Weight in August amid a view that the negative media attention the company has been receiving is "well...
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Industry Checks Suggest McDonald's Momentum Will Continue
Wednesday, October 11, 2017 - 11:06am | 351Analysts at Stephens continue to hold a bullish view on McDonald's Corporation (NYSE: MCD) heading into earnings season for the restaurant group. The firm's Will Slabaugh maintains an Overweight rating on McDonald's stock with an unchanged $175 price target after conducting first-hand industry...
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Darden Restaurants Stock At A Tasty Valuation, Baird Upgrades
Wednesday, September 27, 2017 - 11:49am | 311Analysts at Baird Equity Research turned bullish on Darden Restaurants, Inc. (NYSE: DRI) as the stock's recent pullback has created a "compelling entry point." The firm's David Tarantino upgrades Darden's stock rating from Neutral to Outperform with an unchanged $94 price target. Darden's stock...
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What Should Concern Chipotle Investors The Most? The Pace Of Sales Trends
Wednesday, August 16, 2017 - 9:16am | 422Analysts at BTIG held on to their Neutral rating on Chipotle Mexican Grill, Inc. (NYSE: CMG) after meeting with the restaurant chain's head of investor relations and treasury, Mark Alexee. The firm's Peter Saleh maintains a Neutral rating on Chipotle's stock with no assigned price...
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Domino's CEO Promises To Improve International Business, Says 'We Know How To Get This Done'
Tuesday, August 1, 2017 - 2:46pm | 399CNBC's Jim Cramer singled out Domino's Pizza, Inc. (NYSE: DPZ) as being one of a small handful of stocks investors "left for dead" but in fact have a lot of life left. Cramer followed Monday with his bullish stance on the pizza chain in an interview with CEO Patrick Doyle. Doyle...
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Starbucks CEO 'Proud' Of Company's Quarter, But Investors Disagree
Sunday, July 30, 2017 - 10:17am | 343Investors made it clear on Friday they aren't pleased with Starbucks Corporation (NASDAQ: SBUX)'s fiscal third-quarter earnings report based on the stock's more than 9 percent decline. Naturally, Starbucks CEO Kevin Johnson disagrees and exclaimed during a CNBC interview he is...
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There's Enough Positives In Starbucks' Quarter To Outweigh Near-Term Woes
Friday, July 28, 2017 - 10:05am | 355Based on the more than 7-percent decline in Starbucks Corporation (NASDAQ: SBUX)'s stock investors concluded that the bad aspects of its fiscal third-quarter earnings report outweigh the good — but the opposite is true, at least according to BTIG's Peter Saleh. Saleh maintains a Buy rating on...
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B-Dubs' Fundamentals Still Challenged But Upside Still Possible
Thursday, July 27, 2017 - 11:43am | 706Buffalo Wild Wings (NASDAQ: BWLD)'s stock is flirting with the $100 per share mark for the first time since 2013. This level is on the back of the restaurant chain's second-quarter earnings report, which disappointed investors. But not all analysts on the Street are ready to throw in the...
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Stephens' Cheat Sheet For Restaurant Sector's Earnings
Monday, July 24, 2017 - 3:01pm | 806Earnings season for the restaurant sector is kicking into high gear with eight companies reporting soon, analysts at Stephens commented in a research report. As a whole, volatility and negative sentiment hasn't changed much there may be a few positive standouts in the quarter. McDonald's (Reporting...
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Bite Into Darden Restaurants' Q4 Earnings
Tuesday, June 27, 2017 - 9:43am | 323Shares of Darden Restaurants, Inc. (NYSE: DRI) were trading higher by more than 3 percent early Tuesday morning after the company reported its fiscal fourth-quarter results and issued guidance for the coming year. Darden Restaurants, the parent company of Olive Garden and other restaurant chains,...
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Argus Turns Bullish On Chipotle, Sees Upside To $550 Per Share
Thursday, May 25, 2017 - 9:23am | 361Analysts at Argus upgraded shares of Chipotle Mexican Grill, Inc. (NYSE: CMG) on Thursday after the fast-casual restaurant chain offered an impressive first-quarter earnings report, which supports its bullish case. Q1 And Analyst's Take Argus' John Staszak upgraded Chipotle's stock from Hold to Buy...
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Wendy's Impresses With Beefy Top-Line In Q1
Thursday, May 11, 2017 - 11:17am | 331Wendys Co (NASDAQ: WEN)'s earnings report on Wednesday helped boost shares to an all-time high of $16.12 and received a nod of approval from one of the Street's most notable restaurant analysts. Stephens' Will Slabaugh maintains an Overweight rating on Wendy's stock with a price target boosted from...
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Wendy's Isn't Afraid Of McDonald's
Wednesday, May 10, 2017 - 1:21pm | 432Wendys Co (NASDAQ: WEN), the fast food chain valued at nearly $4 billion, is holding up quite well against the industry juggernaut McDonald's Corporation (NYSE: MCD) who is nearly 30 times bigger by market size. Wendy's stock gained more than 5 percent Wednesday and hit a new-all time high...
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Why Fiesta Restaurant's Turnaround Could Take Multiple Quarters To Bear Fruit
Tuesday, May 9, 2017 - 9:26am | 343Fiesta Restaurant Group Inc (NASDAQ: FRGI), the parent company of fast-casual restaurant brands including Pollo Tropical and Taco Cabana, disappointed investors in its first-quarter report, which consisted of top- and bottom-line misses. Following the report, Will Slabaugh of Stephens downgraded...