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Morgan Stanley Reiterates Overweight, Lowers PT On Restaurant Brands International On Model Update
Monday, March 30, 2015 - 7:00am | 98Read More...In a report published Monday, Morgan Stanley analyst John Glass reiterated an Overweight rating on Restaurant Brands International, Inc. (NYSE: QSR), but lowered the price target from $45.00 to $43.00. In the report, Morgan Stanley noted, "Following BKW's merger with THI, we are publishing our new...
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Morgan Stanley Reiterates Equal-Weight, Raises PT On El Pollo Loco Following Solid 4Q Top Line Results
Friday, March 13, 2015 - 9:31am | 100Read More...In a report published Friday, Morgan Stanley analyst John Glass reiterated an Equal-Weight rating on El Pollo Loco Holdings Inc (NASDAQ: LOCO), and raised the price target from $27.00 to $28.00. In the report, Morgan Stanley noted, "Solid 4Q top line results, including strong comps against tougher...
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Analysts Fazed By Shake Shack Stock Price
Thursday, March 12, 2015 - 12:43pm | 309Read More...Shake Shack Inc (NYSE: SHAK) traded sharply lower Thursday after a less-than-sterling earnings report, but analysts remained fazed by the stock's sky-high price. Shares of the high-end burger chain fell more than 3 percent Thursday morning, but were recently up more than 2 percent at $48.14...
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Morgan Stanley Is Eating Domino's Pizza Post-Earnings
Wednesday, February 25, 2015 - 10:30am | 266Read More...In a report published Wednesday, Morgan Stanley analyst John Glass argued that shares of Domino's Pizza, Inc. (NYSE: DPZ) have further upside as accelerating comps and market share gains will continue into 2015. Glass noted that Domino's Pizza 11.1 percent comp momentum in the fourth...
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Analysts See Cost Headwinds For Texas Roadhouse
Tuesday, February 24, 2015 - 4:13pm | 219Read More...Texas Roadhouse Inc (NASDAQ: TXRH) will see continued top-line growth with earnings held down by cost headwinds, a couple of analysts said Tuesday. The restaurant chain recently met fourth-quarter earnings expectations and said same-store sales in the first period to date are up 12 percent...
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Morgan Stanley Asks: How Does Shake Shack Stack Up?
Tuesday, February 24, 2015 - 9:31am | 274Read More...In a report published Tuesday, Morgan Stanley analyst John Glass initiated coverage of Shake Shack Inc (NASDAQ: SHAK) with an Equal-weight rating and $38 price target. According to Glass, the fundamental debate investors should focus on include: 1. Can Shake Shack's average unit volume...
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What 3 Analysts Think Of Jack In The Box's Q1 Print
Wednesday, February 18, 2015 - 2:26pm | 491Read More...Following Jack in the Box Inc. (NASDAQ: JACK) first quarter print on Tuesday, several analysts offered their opinion. Shares traded recently at $93.92, up 6.5 percent. Barclays: Déjà Vu, Again In a report published Wednesday, Barclays analyst Jeffrey Bernstein said that Jack...
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Is Morgan Stanley Experiencing Deja Vu After Cheesecake Factory's Q4 Earnings?
Thursday, February 12, 2015 - 11:29am | 224Read More...In a report published Thursday, Morgan Stanley analyst John Glass reiterated an Equal-Weight rating on Cheesecake Factory (NASDAQ: CAKE), but lowered the price target from $50.00 to $45.00. In the report, Morgan Stanley noted, "CAKE also lowered the mid point of FY15 guidance by 11% (to $2.08 - $2....
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Chipotle Mexican Grill Q4 Earnings Preview
Tuesday, February 3, 2015 - 4:18pm | 223Read More...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...
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Morgan Stanley: Margin Gains 'Baked In' For Brinker International
Monday, January 26, 2015 - 1:35pm | 243Read More...Brinker International, Inc. (NYSE: EAT) will post continued growth in same-store sales for the recent period, but improving margins are already "baked into" its share price, an analyst said recently. Ahead of its second-quarter earnings expected Wednesday, Morgan Stanley's John...
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UPDATE: Morgan Stanley Removes Price Target On Domino's Pizza Following Investor Day
Thursday, January 15, 2015 - 10:58am | 96Read More...In a report published Thursday, Morgan Stanley analyst John Glass reiterated an Equal-Weight rating on Domino's Pizza, Inc. (NYSE: DPZ), but removed the $93.00 price target. In the report, Morgan Stanley noted, “DPZ's investor day highlighted the brand's momentum as its digital platform, remodel...
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Morgan Stanley: Casual Dining Is Picking Up
Friday, December 19, 2014 - 8:43am | 397Read More...A recent report by Morgan Stanley presents the case that 2015 could be a great year for restaurant stocks. Analysts believe that there is no need to be skeptical of the recent positive turn in casual dining trends, as they believe the uptick in traffic is due to strengthening underlying demand...
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Darden Restaurants Puts Priority On Real Estate
Wednesday, December 17, 2014 - 2:17pm | 422Read More...Darden Restaurants, Inc. (NYSE: DRI) shares rose Wednesday after the company beat second-quarter expectations and said its first priority is settling on a real estate strategy. The company's shares traded recently at $57.55, up 3 percent. Darden's holdings include more than 1,200...
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UPDATE: Morgan Stanley Reiterates On Yum! Brands Following Analyst Day
Friday, December 12, 2014 - 8:36am | 90Read More...In a report published Friday, Morgan Stanley analyst John Glass reiterated an Equal-Weight rating on Yum! Brands, Inc. (NYSE: YUM), and raised the price target from $71.00 to $74.00. In the report, Morgan Stanley noted, “YUM's Analyst Day reinforced the company's commitment to a diversified global...
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UPDATE: Morgan Stanley Upgrades El Pollo LoCo On Valuation
Wednesday, December 3, 2014 - 11:23am | 131Read More...In a report published Wednesday, Morgan Stanley analyst John Glass upgraded the rating on El Pollo LoCo Holdings Inc (NASDAQ: LOCO) from Underweight to Equal-Weight, and raised the price target from $23.00 to $25.00. In the report, Morgan Stanley noted, “Upgrading LOCO to EW on valuation. While we...


