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Chipotle Shares Lower As Wedbush Downgrades To Underperform
Tuesday, March 29, 2016 - 9:24am | 307Read More...Wedbush’s Nick Setyan downgraded the rating on Chipotle Mexican Grill, Inc. (NYSE: CMG) from Neutral to Underperform, while lowering the price target from $450 to $400. Growth Trajectory Unclear Setyan explained that the downgrade was based on the belief that the “current...
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The Pieces Are Falling In Place For Kona Grill In '16
Wednesday, January 6, 2016 - 9:38am | 333Read More...The share price of Kona Grill Inc (NASDAQ: KONA) has appreciated 9.89 percent over the past one month after having declined 31.57 percent through 2015. Wedbush’s Nick Setyan has reiterated an Outperform rating and price target of $25 on the company. Setyan believes that the stock is...
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Wedbush Reiterates Outperform, $38 Target On Chuy's Following Strong Q4 Checks
Monday, January 4, 2016 - 12:38pm | 257Read More...Chuy's Holdings Inc (NASDAQ: CHUY) shares have lost 2 percent since December 7. Wedbush’s Nick Setyan maintained an Outperform rating on the company, with a price target of $38. There is upside to the expectations for 2015 and 2016, Setyan stated. Recent checks indicate about...
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Wall Street Mixed On Chipotle: More Educated Customer Base And Food With Integrity Branding Complicates
Monday, December 7, 2015 - 10:05am | 1019Read More...Shares of Chipotle Mexican Grill, Inc. (NYSE: CMG) plunged nearly 10 percent early Monday morning and fell below its prior 52-week low of $532.03. Chipotle provided guidance on Friday and expects to earn $2.45 to $2.85 in the fourth quarter (versus estimates of $4.41) as the impact from the recent...
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Wedbush Adds Del Taco To Its Best Ideas List
Monday, November 30, 2015 - 9:12am | 331Read More...Shares of Del Taco Restaurants Inc (NASDAQ: TACO) have appreciated 6.89 percent year-to-date, from $9.73 on December 31, 2014. Wedbush's Nick Setyan has maintained an Outperform rating and price target of $20 on the company. While adding the stock to Wedbush's Best Ideas List,...
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What Everyone Is Saying About Chipotle After The Earnings Crash
Wednesday, October 21, 2015 - 11:45am | 894Read More...Shares of Chipotle Mexican Grill, Inc. (NYSE: CMG) plunged more than 7 percent after Wednesday's opening bell. Chipotle reported its third-quarter results on Tuesday. The company earned $4.59 per share, short of the $4.63 analysts were expecting; forward looking guidance also fell short of...
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Wedbush Reiterates Outperform On Del Taco Following 'Strong' Q3, 'Solid' Outlook
Tuesday, October 20, 2015 - 11:41am | 302Read More...Del Taco Restaurants, Inc. (NASDAQ: TACO) shares have risen 39.77 percent year to date, from a low of $9.70 on January 9. Wedbush’s Nick Setyan has reiterated an Outperform rating on the company, while maintaining the price target at $20. Following the robust Q3 results and the...
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Wedbush Previews Q3 Earnings In Restaurant Group: Likes Panera And Starbucks, But Cautious On Buffalo Wild Wings And Chipotle
Friday, October 16, 2015 - 11:59am | 376Read More...Nick Setyan of Wedbush previewed the Restaurant sector ahead of operators reporting their quarterly results. Setyan favors Panera Bread Co (NASDAQ: PNRA) and Starbucks Corporation (NASDAQ: SBUX). Setyan is cautious on Buffalo Wild Wings (NASDAQ: BWLD) and Chipotle Mexican Grill, Inc. (...
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Think Chuy's Will Beat The Market? These Analysts Agree
Friday, October 9, 2015 - 8:24am | 303Read More...The share price of Chuy's Holdings, Inc. (NASDAQ: CHUY) has increased by almost 57 percent year-to-date, reaching a high of $34.41 on August 6. Wedbush’s Nick Setyan has upgraded the company from Neutral to Outperform, while raising the price target from $31 to $38. While near-...
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An Underappreciated Doughnut Maker With Some Upside Potential
Thursday, September 3, 2015 - 8:41am | 303Read More...Krispy Kreme Doughnuts (NYSE: KKD) shares are down 12 percent year-to-date, and are trading close to the lower end of their 52-week range of $16.41 - $22.32. Wedbush’s Nick Setyan maintained an Outperform rating for the company, with a price target of $24. Setyan expects the company...
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How Tasty Is Kona Grill Stock?
Tuesday, August 4, 2015 - 11:52am | 530Read More...Kona Grill Inc (NASDAQ: KONA) reported its second-quarter results after Monday's market close. The restaurant operator reported a loss of $0.01 on revenue of $36.2 million versus analyst expectations for a $0.01 per share profit on revenue of $35.93. Shares traded recently at $21.27, up...
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Chipotle Still Worth $750 Per Share, According to BofA; Wedbush Disagrees
Wednesday, July 22, 2015 - 9:37am | 414Read More...Chipotle Mexican Grill, Inc. (NYSE: CMG) saw its shares see-saw following its second quarter print on Tuesday resulting in Wall Street's top analysts issuing mixed conclusions. Shortly after Wednesday's open, shares were trading at $713.06, up more than 5 percent. Bank Of America:...
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While Chipotle's Business Model Is 'Hard To Duplicate,' Experts Are Mixed On The Stock
Monday, July 20, 2015 - 2:42pm | 766Read More...Chipotle Mexican Grill, Inc. (NYSE: CMG) is scheduled to report its second quarter results after Tuesday's market close. Estimize, the crowd-sourced earnings and economic rating platform is expecting the company (based on 73 estimates) to earn $4.47 per share on revenue of $1.224 billion. This...
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Is Del Taco Worth Investing In? This Analyst Thinks So
Saturday, June 27, 2015 - 2:07pm | 281Read More...About three months ago, Levy Acquisition Corp (NASDAQ: TACO) announced it would acquire U.S. fast-food chain operator Del Taco Restaurants, Inc. for roughly $500 million, including debt. Last Thursday, Wedbush analysts Nick Setyan and Colin Radke initiated coverage on the combined company...
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Wedbush Downgrades Wendys, Sees No Fundamental Catalyst To Drive Upside
Thursday, June 4, 2015 - 8:22am | 143Read More...Wedbush downgraded Wendys Co (NYSE: WEN) from Outperform to Neutral on Wednesday, lowering the fast-food chain's 12-month price target from $13 to $12. Wendys was trading lower by 0.87 percent at $11.37 in Thursday’s pre-market session. Here is what analysts Nick Setyan and...
