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Deutsche Bank Critical Of Chipotle's 2017 Targets
Friday, January 6, 2017 - 12:21pm | 336Deutsche Bank said in a note on Friday Chipotle Mexican Grill, Inc. (NYSE: CMG)'s recovery is still a riddle, a "riddle, wrapped up in a burrito, inside a foil." The firm believes a recovery will not be easy, quick or straightforward, even with the easy comparison with 2016, which it termed as...
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Pros And Cons Of Chipotle's Change To CEO Structure
Tuesday, December 13, 2016 - 12:01pm | 291Chipotle Mexican Grill, Inc. (NYSE: CMG) announced Monday it was undertaking a key shift in its corporate structure, with the resignation of co-CEO Monty Moran. Deutsche Bank’s Brett Levy maintains a Sell rating on the company, with a price target of $280. Corporate Structure Change “...
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Despite Solid Performance, Starbucks Comps Struggle To Give Investors A Java Jolt
Friday, November 4, 2016 - 10:08am | 339Starbucks Corporation (NASDAQ: SBUX) is not immune to the downturn in the restaurant landscape, as its fourth-quarter blended same-store sales fell short, despite EPS and margins exceeded expectations. Starbucks’ execution, digital revolution and expanding global footprint failed to offset...
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Starbucks' Thursday Q4 Print Shrouded With Uncertainties, Revenue Concerns
Wednesday, November 2, 2016 - 2:03pm | 354Starbucks Corporation (NASDAQ: SBUX) is set to report its fourth-quarter results on November 3, and Deutsche Bank expects an in-line EPS for the company, shares of which have been hit recently due uncertainty over the top line. Investors are worried over the recent decline in quarterly comp growth...
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Buffalo Wild Wings Uncertainty, Execution Challenges Keep Deutsche Neutral On Shares
Wednesday, August 17, 2016 - 2:50pm | 339Deutsche Bank prefers to remain on the sidelines on Buffalo Wild Wings (NASDAQ: BWLD) on macro uncertainty and ongoing execution challenges, despite the company increased capital returns, announced initiatives to drive a sales rebound and restaurant-margins at its analyst day. The restaurant...
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Restaurant Same-Store Sales Guidance Is Broadly Lower
Monday, August 8, 2016 - 4:41pm | 427Brett Levy, a restaurant analyst with Deutsche Bank, commented in a research note on Monday that the sales environment for the group remains "challenging," as evident by a notable number of companies that reported a lower than expected same-store sales growth in the second quarter. Here is Levy's...
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Deutsche Bank's Q2 Report Cards For 10 Fast-Food/Fast-Casual Stocks
Monday, August 8, 2016 - 2:14pm | 611Now that Q2 earnings season has come and gone for most restaurant stocks, Deutsche Bank analyst Brett Levy has provided a summary of highlights and topics of interest for the restaurant stocks under his coverage. Here’s a look at what Levy had to say: 1. McDonald’s Corporation (NYSE:...
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Darden Restaurants' Steak Dinner Continues: Deutsche Bank Sees More Consistent Results Ahead
Friday, July 1, 2016 - 3:53pm | 253Deutsche Bank reaffirmed its Buy rating on Darden Restaurants, Inc. (NYSE: DRI) shares, as it believes the company continues to execute on its plan of driving sales and improving unit-level operations. The brokerage said Darden maintains a focused and rational approach to corporate spending and...
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Chipotle Mexican Grill's Price Target Slashed By Deutsche Bank On Same-Store Sales; Stock Plummets
Monday, June 13, 2016 - 10:24am | 305Deutsche Bank’s Brett Levy pointed out that Chipotle Mexican Grill, Inc. (NYSE: CMG) has gone from same-store sales gains in the high teens and share price of $750 in 2015 to declining same-store sales of 40 percent and the share price dropping to $400. Levy maintain a Sell rating on the...
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Deutsche Bank Hosted A Bull/Bear Client Debate On Buffalo Wild Wings, But Opinions Were Unanimous
Monday, April 18, 2016 - 5:31pm | 289Deutsche Bank recently hosted a “Bull-Bear” debate client lunch, with clients presenting both bull and bear cases for Buffalo Wild Wings (NASDAQ: BWLD). Unfortunately, not a single client chose to present a bullish case for the stock. “It is common that a Bull-Bear debate/...
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Deutsche Bank Is 'Taking A Coffee Break,' Downgrades Starbucks
Tuesday, April 12, 2016 - 8:43am | 349Deutsche Bank’s Brett Levy believes Starbucks Corporation (NASDAQ: SBUX)'s risk/reward profile is less favorable, given the elevated investor expectations for the near term, along with operational changes at the company and premium stock valuation. The analyst downgraded the rating on the...
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McDonald's Turnaround? Wall Street Thinks It's More Likely Now
Tuesday, January 26, 2016 - 12:39pm | 291Robert Baird and Deutsche Bank issued updates on McDonald's Corporation (NYSE: MCD) after the fast-food chain reported strong revenue and earnings that drove the stock higher. Baird analyst David Tarantino rated McDonald's as Neutral and increased his price target from $115 to $122....