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Wedbush Sees Comps Inflection At Noodles & Co
Wednesday, April 15, 2015 - 11:39am | 263Read More...Noodles & Co (NASDAQ: NDLS)'s investors may be once bitten and twice shy, but an analyst on Wednesday said its possible the company might finally meet its own predictions for 2015 results. The restaurant chain, which went public in 2013, has missed quarterly expectations by double-digit...
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Wedbush Securities Sees Comp Momentum And New Unit Opening Strength Continue For Kona Grill
Wednesday, February 25, 2015 - 9:50am | 126Read More...In a report published Wednesday, Wedbush Securities analyst Nick Setyan reiterated an Outperform rating and $31.00 price target on Kona Grill Inc. (NASDAQ: KONA). In the report, Wedbush Securities noted, "We believe Kona Grill is well-positioned to garner a widening premium to growth peers based on...
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Noodles & Co Shares Plummet 27% On Earnings Miss, Analyst Downgrades
Friday, February 20, 2015 - 10:30am | 303Read More...Noodles & Co (NASDAQ: NDLS) on Thursday reported fourth-quarter results. The company earned $0.13 in the quarter, a penny short of what analysts expected. Revenue of $108.5 million also fell short of the $110.07 million analysts expected. Looking forward to 2015, the company projected an...
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Wedbush Lukewarm On Buffalo Wild Wings Following Earnings
Friday, February 6, 2015 - 9:46am | 209Read More...Wedbush issued a report on Buffalo Wild Wings (NASDAQ: BWLD) after the company reported fourth-quarter earnings on Thursday. Wedbush rates Buffalo Wild Wings as Neutral with a $180 price target. Analysts Nick Setyan and Colin Radke wrote, “We believe current valuation properly reflects...
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One Of These Restaurants Isn't Like The Others (Hint: It's Noodles & Co)
Friday, January 30, 2015 - 11:45am | 272Read More...Nick Setyan of Wedbush on Friday offered a preview for several restaurant operators ahead of their earnings. Setyan favors owning shares of Fiesta Restaurant Group Inc (NASDAQ: FRGI) as checks point to continued Pollo comp momentum in the fourth quarter ahead of expectations as well as another...
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Jefferies: Jack In The Box's Qdoba Unit's Value Not Priced In
Thursday, November 20, 2014 - 2:06pm | 316Read More...Jack in the Box Inc.'s (NASDAQ: JACK) Qdoba Mexican Grill unit will increase same-store sales by up to 10 percent in coming quarters and its growth prospects aren't reflected in the company's shares, an analyst said Thursday. San Diego-based Jack in the Box took a breather Thursday...
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Why Starbucks' New Mobile Payments Will Be 'Transformational'
Friday, November 7, 2014 - 1:19pm | 619Read More...Understanding the role of Starbucks Corporation’s (NASDAQ: SBUX) planned 2015 rollout of its food and beverage delivery service would require a step back and a broader view of context, according to Wedbush Securities analyst Nick Setyan. Setyan told Benzinga he saw the delivery...
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Analysts See Cloudy Outlook For Chuy's
Wednesday, November 5, 2014 - 3:03pm | 353Read More...Chuy's Holdings Inc (NASDAQ: CHUY) faces continued pressure on profits from weak performance at newly-opened restaurant outlets as well as higher food costs, an analyst said Wednesday. Shares of the fast-growing Mexican restaurant chain plunged 30 percent to a 52-week low Wednesday after...
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Chipotle's Vegan Menu Expansion Is Bottom Line Healthy
Wednesday, October 22, 2014 - 10:27am | 599Read More...Chipotle Mexican Grill, Inc. (NYSE: CMG) announced recently that it planned to expand its vegan “Sofritas” option to nine additional states. The move would make the braised and shredded tofu item a permanent menu offering in those new areas. Related Link: Chipotle Mexican Grill...
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UPDATE: Wedbush Downgrades Buffalo Wild Wings On Higher Wing Cost
Monday, October 6, 2014 - 11:12am | 131Read More...In a note issued Monday morning, Wedbush analyst Nick Setyan downgraded shares of Buffalo Wild Wings (NASDAQ: BWLD) from Outperform to Neutral and slashed the price target from $175 to $135. Setyan explained the upside to his 2014 and 2015 expectations may be limited due to higher-than-expected...
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Wedbush Upgrades Krispy Kreme, Citing Uptick In July Comps
Monday, August 11, 2014 - 12:02pm | 259Read More...Krispy Kreme Doughnuts (NYSE: KKD) shares jumped more than seven percent after one analyst upgraded the shares, citing an uptick in July same-store sales. The company's shares are down 16 percent year to date and hit a 52-week low of $14.82 last month on a lower outlook and weak same-store...
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Popeyes Shares Up 13%+ On Q1 Results, Strong Outlook
Thursday, May 29, 2014 - 12:47pm | 210Read More...Popeyes Louisiana Kitchen (NASDAQ: PLKI) popped more than 13 percent after the nation's third-largest fried chicken chain posted a strong first quarter and boosted its outlook for the remainder of 2014. "We think the long-term guidance is conservative," said Wedbush analyst Nick Setyan, who...
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Burger King And Taco Bell Tag Team McDonald's For Fast Food Crown
Wednesday, April 2, 2014 - 9:05am | 632Read More...As if Yum! Brands (NYSE: YUM) Taco Bell trying to muscle in on breakfast wasn’t enough, traditional rival, Burger King (NYSE: BKW) has entered the ring and is stealing customers from McDonald’s (NYSE: MCD) in the U.S. So said Brian Sozzi of Belus Capital Advisors on Jim Cramer's The Street...
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UPDATE: Wedbush Upgrades Panera on New Initiatives, Share Repurchases
Monday, March 31, 2014 - 10:44am | 179Read More...In a report published Monday, Wedbush analyst Nick Setyan upgraded Panera Bread Company (NASDAQ: PNRA) from Neutral to Outperform and raised the price target from $185.00 to $215.00. Setyan commented on increased "expectation for upside to modest 2014 consensus estimates, despite meaningful...
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UPDATE: Wedbush Downgrades Panera Bread on Softer Checks, Risk of Disappointing Guidance
Friday, October 18, 2013 - 12:13pm | 89Read More...In a report published Friday, Wedbush analyst Nick Setyan downgraded the rating on Panera Bread Co. (NASDAQ: PNRA) from Outperform to Neutral, and lowered the price target from $190.00 to $165.00. In the report, Wedbush noted, “We are downgrading PNRA to NEUTRAL from OUTPERFORM as we no longer...




