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Bank Of America Upgrades Chipotle On Stronger Comps, Margin Outlook
Friday, October 18, 2019 - 2:48pm | 323Read More...Chipotle Mexican Grill, Inc. (NYSE: CMG) could beat near-term consensus expectations, backed by strong sales momentum, normalizing avocado prices and initiatives to improve margins, according to Bank of America. The Analyst BofA’s Gregory Francfort upgraded Chipotle Mexican Grill from...
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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 | 627Read More...Domino’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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Red Robin Poised To Disappoint Street In 2020, BofA Says In Downgrade
Tuesday, August 27, 2019 - 10:55am | 361Read More...Street expectations call for hamburger chain Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) to modestly grow EBITDA in 2020 — an assumption Bank of America Merrill Lynch said is unlikely to play out. The Analyst Gregory Francfort downgraded Red Robin Gourmet Burgers from Neutral to...
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Bank Of America Likes McDonald's Stock A Little More
Friday, June 7, 2019 - 1:23pm | 314Read More...McDonald's Corp (NYSE: MCD) deserves a higher "McMultiple" given expectations for strong top-line trends, according to Bank of America. The Analyst Bank of America's Gregory Francfort maintains a Buy rating on McDonald's with a price target lifted from $215 to $220. The Thesis...
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Where's The Beef? Street Weighs In On Wendy's Stock
Friday, May 10, 2019 - 8:10am | 691Read More...Wendys Co (NYSE: WEN) reported first-quarter results, which one analyst says shows "uninspiring" metrics while another says the performance was " comprehensively solid." The Analysts Mizuho Securities' Jeremy Scott maintains a Neutral rating on Wendys' stock with a price...
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The Street Remains Bullish On McDonald's
Wednesday, May 1, 2019 - 1:02pm | 684Read More...McDonald's Corp (NYSE: MCD) reported first-quarter results, which came in better than expected but management's commentary of higher expenses has the Street debating the company's upside potential. The Analysts Stephens' Will Slabaugh maintains an Overweight rating on McDonald's...
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Starbucks Continues Grande Growth In China, But Flat US Traffic Hurts Quarter
Friday, April 26, 2019 - 2:25pm | 507Read More...Starbucks Corporation (NASDAQ: SBUX) turned in a mixed quarter, bolstered by unexpectedly strong growth in China but marred by flat traffic in the U.S. The reaction from the sell-side was also mixed, and a bit muted, with several analysts continuing to recommend the stock and raising the price...
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Bon Appétit: The Street Has Mostly Bullish Reaction To Darden's Q3
Friday, March 22, 2019 - 4:28pm | 800Read More...Olive Garden's parent company Darden Restaurants, Inc. (NYSE: DRI) reported Thursday with a top-and-bottom line beat in its fiscal third quarter results and lifted its full-year 2019 outlook. The following is a roundup of the Street's reaction. The Analysts Morgan Stanley's...
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Cheesecake Factory's Q4 Print, 2019 Guidance Fails To Turn 2 Analysts Bullish
Thursday, February 21, 2019 - 2:13pm | 533Read More...Restaurant chain Cheesecake Factory Inc (NASDAQ: CAKE) reported Wednesday with a fourth-quarter top- and bottom-line miss. Same-store sales rose by 1.9 percent, better than the consensus estimate of 1.1 percent. Despite the stock's strong reaction to the print, two Street analysts are...
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Chipotle Shares Are Soaring, But Some Analysts Remain Bearish
Thursday, February 7, 2019 - 11:24am | 769Read More...Chipotle Mexican Grill, Inc. (NYSE: CMG) reported fourth-quarter results that handily exceeded expectations from a growth in comparable sales and total transactions. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts Morgan Stanley's John Glass...
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Did McDonald's Deliver A Beefy Quarter? The Street Debates
Thursday, January 31, 2019 - 4:40pm | 728Read More...McDonald's Corp (NYSE: MCD) fourth-quarter results showed a beat on the earnings line, but U.S. same-store sales missed expectations. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts Bank Of America's Gregory Francfort maintains a Buy rating...
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The Street Mostly Agrees: Starbucks Print Shows 'Positive, Less Controversial' Quarter
Friday, January 25, 2019 - 2:04pm | 662Read More...Coffee chain Starbucks Corporation (NASDAQ: SBUX) reported Thursday afternoon with a top-and bottom-line first-quarter beat. Here's how the Street reacted. The Analysts Morgan Stanley's John Glass maintains an Equal-weight rating on Starbucks with an unchanged $70...
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Bank Of America Says Chipotle's Growth Outlook Is Baked Into The Stock
Friday, October 26, 2018 - 8:32am | 370Read More...Casual fast food restaurant chain Chipotle Mexican Grill, Inc. (NYSE: CMG) reported Thursday its third-quarter results, which signaled signs of growth Bank of America says is already priced into the stock at current levels. The Analyst Bank of America's Gregory Francfort maintains an...
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3 Restaurants That Could See Labor Pressure From Amazon's Wage Increase
Wednesday, October 3, 2018 - 10:22am | 551Read More...E-commerce giant Amazon.com, Inc. (NASDAQ: AMZN)'s announcement that it will pay each worker at least $15 per hour could impact the restaurant sector, which is seeing 4-5-percent wage inflation, increased levels of turnovers and a tight labor market, according to Bank of America Merrill Lynch....
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BofA: Darden Restaurants Margin Concerns Were 'Overstated'
Friday, June 22, 2018 - 12:22pm | 298Read More...Darden Restaurants, Inc. (NYSE: DRI)’s fourth-quarter earnings demonstrated that Bank of America Merrill Lynch's margin concerns had “likely been overstated,” prompting the firm to upgrade the stock. The Analyst BofA's Gregory Francfort upgraded Darden Restaurants from...
















