-
Wunderlich Analysts Bullish On Shares Of Panera Bread Co
Wednesday, October 1, 2014 - 9:29am | 209Analysts at Wunderlich Securities upgraded shares of Panera Bread Co (NASDAQ: PNRA) from Hold to Buy with a $185 price target. Analysts are bullish on Panera’s management team and the company’s attractive valuation. Robert Derrington highlighted other positives moving forward...
-
Darden Extends Gains; Next Catalyst Is CEO Pick
Tuesday, July 29, 2014 - 4:30pm | 429Darden Restaurants (NYSE: DRI) shares continued to gain Tuesday while analysts mulled news that CEO Clarence Otis had been forced out by activist investor Starboard. The next catalyst for Darden may come when Otis' replacement is named. Starboard, which seeks Darden's break up, could...
-
Wunderlich Raises Chipotle Price Target Following Q2 Results
Tuesday, July 22, 2014 - 8:31am | 142Following the company's second quarter earnings just after the market close on Monday, Wunderlich analyst Robert Derrington hiked his price target on Chipotle Mexican Grill(NYSE: CMG) from $560 all the way to $680. Despite this large increase, he remains on the sidelines with a Hold rating...
-
Analysts Mixed Over Panera Bread's Short-Term Prospects And Long-Term Initiatives
Thursday, May 1, 2014 - 2:33pm | 762Panera Bread (NASDAQ: PNRA) on Tuesday reported a top and bottom line beat in its first quarter report, but investors showed concerns over the fast-casual restaurant's future prospects. Panera Bread earned $1.55 per share, beating the consensus estimate by three cents. Revenue of $605 million...
-
Panera Bread Earnings Preview: With Panera 2.0 Years Away, Is Short Term Growth a Concern?
Tuesday, April 29, 2014 - 4:18pm | 788Panera Bread (NASDAQ: PNRA) will report its first quarter 2014 results on Tuesday after market close. The popular quick service restaurant is expected to earn $1.52 per share on revenue of $598.07 million. Panera Bread reported its fourth quarter 2013 results on February 18 when the company...
-
Buffalo Wild Wings Madness Continues; CEO Speaks on CNBC, Wunderlich Bullish
Tuesday, April 1, 2014 - 3:11pm | 195Shares of Buffalo Wild Wings (NASDAQ: BWLD) are trading higher by 2.1 percent to $152.14 in Tuesday's trading following a CNBC interview with CEO Sally Smith and bullish comments from Wunderlich. Highlights from the CNBC interview include Buffalo Wild Wings' plans to expand into India and the...
-
Chipotle Mexican Grill: What The Analysts Are Saying
Friday, January 31, 2014 - 3:19pm | 913Chipotle Mexican Grill (NYSE: CMG) on Thursday reported a strong fourth quarter result, which included a better-than-expected EPS and revenue. The company announced an EPS of $2.53, beating the consensus estimate of $2.52. Revenue of $844.1 million increased 20.7 percent year-over-year and beat...
-
Chipotle's Strong 4Q Impresses Analysts, Wunderlich Raises PT
Friday, January 31, 2014 - 10:44am | 190In a report published Friday, Wunderlich Securities analyst Robert Derrington maintained a Hold rating on Chipotle Mexican Grill (NYSE: CMG) and raised the price target from $500.00 to $542.00 following strong fourth quarter results. Chipotle reported better than expected revenue, SSS, and margins...
-
UPDATE: Wunderleich Securities Lowered Price Target on BJ's Restaurants Based on Weak Q413 Results
Wednesday, January 29, 2014 - 9:17am | 141In a report published on Tuesday, Wunderleich Securities Analyst Robert Derrington reiterated a Buy rating on BJ's Restaurants (NYSE: BJRI) and lowers the price target from $31 to $29. BJ's Restaurant had lower-than-expected Q413 results, which are leading to lower EPs estimates in FY14. In the...
-
Wunderlich Reiterates on Sonic
Tuesday, January 7, 2014 - 9:27am | 193In a report published Tuesday, Wunderlich Securities analyst Robert Derrington reiterated a Buy rating on Sonic (NASDAQ: SONC), raising its price target from $22.00 to $23.00. According to the report, last night after market close, SONC reported solid Q1F14 results including slightly better...
-
UPDATE: Wunderlich Raises PT on Darden Restaurants on Management Plan
Tuesday, December 24, 2013 - 10:36am | 298In a report published Tuesday, Wunderlich Securities analyst Robert Derrington maintained its Hold rating on Darden Restaurants, Inc. (NYSE: DRI) raising price target to $54.00. According to the report, “We reiterate our Hold rating on Darden (DRI) following its weaker-than-expected Q2F14 (Nov...
-
UPDATE: Wunderlich Securities Initiates BJ's Restaurants at Hold on Limited Upside
Tuesday, July 23, 2013 - 10:18am | 146In a report published Tuesday, Wunderlich Securities analyst Robert Derrington initiated coverage on BJ's Restaurants (NASDAQ: BJRI) with a Hold rating and $42.00 price target. In the report, Wunderlich Securities noted, “We are initiating coverage of BJ's Restaurants, Inc. (BJRI) with a Hold...
-
UPDATE: Wunderlich Securities Initiates Chipotle Mexican Grill at Hold on Valuation
Tuesday, July 23, 2013 - 10:13am | 169In a report published Tuesday, Wunderlich Securities analyst Robert Derrington initiated coverage on Chipotle Mexican Grill (NYSE: CMG) with a Hold rating and $430.00 price target. In the report, Wunderlich Securities noted, “We are initiating coverage of Chipotle Mexican Grill, Inc. (CMG) with...
-
UPDATE: Wunderlich Securities Initiates Buffalo Wild Wings at Buy on Revenue/Earnings Upside
Tuesday, July 23, 2013 - 10:12am | 180In a report published Tuesday, Wunderlich Securities analyst Robert Derrington initiated coverage on Buffalo Wild Wings (NASDAQ: BWLD) with a Buy rating and $117.00 price target. In the report, Wunderlich Securities noted, “We are initiating coverage of Buffalo Wild Wings, Inc. (BWLD) with a...
-
UPDATE: Wunderlich Securities Initiates Red Robin Gourmet Burgers at Buy on Multiple Positive Factors
Tuesday, July 23, 2013 - 10:10am | 142In a report published Tuesday, Wunderlich Securities analyst Robert Derrington initiated coverage on Red Robin Gourmet Burgers (NASDAQ: RRGB) with a Buy rating and $70.00 price target. In the report, Wunderlich Securities noted, “We are initiating coverage of Red Robin Gourmet Burgers, Inc. (...