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Chipotle's Trajectory Is Both Realistic And Improving, More Buybacks Likely
Friday, February 3, 2017 - 4:33pm | 472Read More...Shares of Chipotle Mexican Grill, Inc. (NYSE: CMG) might finally be recovering from a long case of food poisoning, according to analysts at Wedbush. The casual dining chain’s earnings report on Thursday was grim in many respects: fourth-quarter earnings in 2016 were $16 million, a number that...
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Whet Your Restaurant Sector Appetite: A 2017 Outlook
Thursday, January 5, 2017 - 2:49pm | 594Read More...Offering its insights into the prospects of the restaurant sector in 2017, Wedbush said in a note on Thursday that the current valuation expansion (13 percent gain since November 8 versus 13 percent gain for the S&P 500) was driven by expectations of potentially lower taxes, lower labor...
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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...
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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...
