John Glass

In a note out Wednesday morning, analyst John Glass of Morgan Stanley upgraded shares of El Pollo LoCo Holdings Inc (NASDAQ: LOCO) to Equal-Weight based on valuation. He raised the price target from $23 to $25, feeling a recent refinancing will add approximately 10 percent to 2015 EPS. Glass...

Morgan Stanley raised its price target on Jack in the Box Inc. (NASDAQ: JACK) Monday from $71 to $74 and maintained an Equal-weight rating after the company reported Q4 earnings. Analysts led by John Glass noted that “we are adjusting our FY15 EPS estimate down to $2.82, from $2.90, due...

John Glass of Morgan Stanley hosted McDonald's Corporation (NYSE: MCD) management team at a recent Global Consumer Conference. The analyst was "encouraged" as McDonald's management team laid out its plans to improve food quality and turnaround its operations. McDonald's plans to change the way...

Sonic Corporation's (NASDAQ: SONC) management team, including its CFO and treasurer, presented at a Morgan Stanley Global Consumer Conference earlier this week that impressed analysts. Analyst John Glass noted that Sonic's long-term story is "intact" given marketing and menu improvements which will...

McDonald's Corporation (NYSE: MCD) reported on Monday a global same-store sales decline of 0.5 percent in October. U.S. comps were down by 1.0 percent while European comps were lower by 0.7 percent. Asia Pacific, Middle East and Africa saw a 4.2 percent comp decline, mostly attributed to Japan and...

In a report published Thursday, Morgan Stanley analyst John Glass reiterated an Equal-Weight rating on The Cheesecake Factory Incorporated (NASDAQ: CAKE), but lowered the price target from $46.00 to $42.00. In the report, Morgan Stanley noted, “Larger than expected 3Q miss was only partially...

In a report published Wednesday, Morgan Stanley analyst John Glass reiterated an Equal-Weight rating on McDonald's Corporation (NYSE: MCD), but lowered the price target from $96.00 to $95.00. In the report, Morgan Stanley noted, “Amidst one of the worst quarters in recent history, MCD outlined...

In a report published Wednesday, Morgan Stanley analyst John Glass reiterated an Equal-Weight rating on Sonic Corporation (NASDAQ: SONC), and raised the price target from $22.00 to $24.00. In the report, Morgan Stanley noted, “Strong 4Q driven by accelerating 2yr comp trends, with the only...

In a report published Wednesday, Morgan Stanley analyst John Glass reiterated an Equal-Weight rating on Domino's Pizza, Inc. (NYSE: DPZ), and raised the price target from $83.00 to $84.00. In the report, Morgan Stanley noted, “Accelerating comps encouraging, driven by a balance of increased...

Yum! Brands, Inc. (NYSE: YUM) will report earnings after Tuesday's close, with consensus estimates of $0.89 per share on revenues of $3.48 billion. In the second quarter, Yum! reported EPS of $0.73, missing consensus estimates of $0.74. Morgan Stanley and Bank Of America are both below...

Morgan Stanley analyst John Glass on Monday upgraded shares of Burger King Worldwide Inc (NYSE: BKW), while simultaneously downgrading shares of McDonald's Corporation (NYSE: MCD). According to Glass, Burger King, along with its recently acquired Tim Hortons are best positioned to be "...

John Glass of Morgan Stanley upgraded shares of Burger King Worldwide Inc (NYSE: BKW) to Overweight from Equal-weight with a $38 price target. Glass sees the combination of Burger King and its recently acquired Tim Hortons firmly establishing Burger King as the fifth-largest market cap restaurant...

John Glass of Morgan Stanley downgraded shares of McDonald's Corporation (NYSE: MCD) to Equal-weight from Overweight with a price target lowered to $96 from a previous $102. "While we see a theoretical financial restructuring, weakening fundamentals, punctuated by a sharp market share loss in the U...

John Glass of Morgan Stanley released a preview for Yum! Brands, Inc.'s (NYSE: YUM) third quarter results which will be reported on October 7 after market close with a conference call to occur on October 8. Glass expects Yum! Brands' third quarter results will reflect a sharp decline in...