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McDonald's Serves Up An Appetizing Quarter, Piggybacking On Promotions
Wednesday, October 25, 2017 - 9:29am | 556McDonald's Corporation (NYSE: MCD) third-quarter performance left sell-side impressed, with firms extolling the company for its stellar showing. As such, UBS maintained its Neutral rating on McDonald's but lifted its price target from $160 to $170. At the same time, BTIG maintained its Buy...
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Red Robin's Q1: A Positive Surprise For The First Time In Several Quarters
Wednesday, May 17, 2017 - 2:20pm | 470Commenting on Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB)'s nice positive surprise delivered for the first time in several quarters, BTIG said heavy investment in value is yielding results in the firm of same store momentum. Q1 Review Analysts Peter Saleh and Ben Parente noted that the company...
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Chipotle's Menu Price Increases Will Likely Expand In Coming Months
Wednesday, April 19, 2017 - 10:05am | 435Chipotle Mexican Grill, Inc. (NYSE: CMG) patrons should be bracing for menu prices increase in the coming months, according to a note from BTIG. The view comes close on heels of reports of menu price increases and findings by BTIG based on its own pricing checks. Analysts Peter Saleh and Ben...
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The Sell-Side Reviews Out Of Starbucks' Investor Day
Thursday, December 8, 2016 - 4:30pm | 618Starbucks Corporation (NASDAQ: SBUX) held its biennial Analyst Day on Wednesday, where it outlined its financial goals and focus areas, among other updates. The company reiterated its annualized targets of 10 percent revenue growth, mid-single-digit same-store sales expansion and 15–20...
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BTIG Initiates Coverage Of 15 Restaurant Stocks; Prefers Chipotle, Starbucks, B-Dubs Over McDonald's, Yum & Others
Wednesday, July 15, 2015 - 5:48pm | 535In a report issued Wednesday, BTIG analysts Peter Saleh and Ben Parente initiated coverage of the restaurants industry, across the casual dining, fast casual and quick service segments. Buy Rated Stocks Their Buy rated stocks are: Brinker International, Inc. (NYSE: EAT), $66 Price Target...