Stephen Anderson

In 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....

McDonald'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...

Bob Evans Farms Inc (NASDAQ: BOBE) lost roughly $300 million in market capitalization since telling investors late Tuesday that it won't spin off its packaged food business. The Midwestern restaurant and pork sausage company changed hands recently at $46.61, down 21 percent. Miller Tabak...

Stephen Anderson of Miller Tabak on Monday downgraded shares of Buffalo Wild Wings (NASDAQ: BWLD) to Hold from Buy after shares reached his $193 price target after a post-earnings rally last Friday. "We still think the combination of mid-single-digit same-restaurant sales growth, solid unit...

Chipotle Mexican Grill, Inc. (NYSE: CMG) will report fourth-quarter earnings after the market close on Tuesday. The Street expects revenue of $1.07 billion and EPS of $3.79. JP Morgan analyst John Ivankoe expected Q4 EPS to come in at $3.66, below the current consensus. The firm maintained an...

Chipotle Mexican Grill, Inc. (NYSE: CMG) shares could fall Wednesday on news it will suspend pork sales at a third of its restaurants, an analyst said. Chipotle temporarily halted the sales because suppliers weren't adhering to company rules on animal welfare, according to multiple reports...

Stephen Anderson of Miller Tabak & Co named on Monday Dunkin Brands Group Inc (NASDAQ: DNKN) as a top pick for 2015 as the same-restaurant sales are expected to grow by 2.6 percent in 2015 and 3.2 percent for 2016. Anderson notes that the company will benefit from an uptick in lunch and dinner...

In a report published Wednesday, Miller Tabak analyst Stephen Anderson downgraded the rating on Brinker International (NYSE: EAT) from Buy to Hold, but raised the price target from $57.00 to $59.00. In the report, Miller Tabak noted, “We downgrade shares of Brinker International (EAT) to Hold (from...

Darden Restaurants, Inc. (NYSE: DRI) could be poised to boost its earnings outlook based on a sales rebound and lower costs, an analyst said Monday. The operator of Olive Garden and Longhorn restaurants' recent emphasis on sales promotion has seen notable success, while its customers'...

On Thursday, analysts at Miller Tabak commented on Dunkin Brands Group Inc (NASDAQ: DNKN) following the company's earnings report. Miller Tabak currently has a Buy rating and $55 price target on shares of Dunkin Brands. For Q3 2014, Dunkin Brands reported EPS of $0.49 on revenues of $192.6...

Despite posting a second-quarter earnings miss, Brinker International (NYSE: EAT) shares rallied Thursday on a 2.5 percent same-store sales growth at its Chili's restaurant unit, one analyst said. Nomura's Stephen Anderson said the same-store showing was Chili's best in seven...

Miller Tabak came out with a note on Domino’s Pizza (NYSE: DPZ) Monday. Analyst Stephen Anderson upgraded Domino’s from Hold to Buy and maintained his $81 price target. Anderson’s analysis leads him to expect mid-single-digit same-restaurant growth which will aid the...

In a report released Friday, Miller Tabak analyst Stephen Anderson downgraded Bravo Brio Restaurant Group (NASDAQ: BBRG) from Buy to Hold and lowered its fair value estimate from $19 to $15. Analysts at Miller Tabak are dissatisfied with Bravo Brio's June quarter, as its revenue and EPS...

Darden 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...

Even as the Chipotle Mexican Grill (NYSE: CMG) grew same-store sales 17.3 percent in the recent quarter, McDonald's (NYSE: MCD) fell as much as three percent. Chipotle's gains "point to a longer-term trend of fast casual chains like Chipotle and Panera Bread Co. growing market...