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Starbucks Analysts Mixed On New CEO Brian Niccol, Who Led CMG Stock 650% Higher In 6 Years: 'Starbucks Is No Chipotle'
Tuesday, August 13, 2024 - 11:18am | 1010Starbucks (NASDAQ:SBUX) analysts are mixed Tuesday on what the addition of Brian Niccol, previously CEO and Chairman of Chipotle Mexican Grill (NYSE:CMG), could mean for the coffee chain. The Starbucks Analysts: Wedbush analyst Nick Setyan maintained a Neutral rating on Starbucks with an $80 price...
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Chipotle Mexican Grill's Q4 'Was A Clean Beat,' 9 Analysts Provide Key Takeaways
Wednesday, February 7, 2024 - 2:25pm | 940Shares of Chipotle Mexican Grill, Inc. (NYSE: CMG) climbed in premarket trading on Wednesday, after the company reported better-than-expected fourth-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Stephens analyst Joshua...
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Wall Street Weighs Starbucks Coronavirus Guidance Update: 'A Little Good, A Little Bad'
Friday, March 6, 2020 - 3:54pm | 867Starbucks Corporation (NASDAQ: SBUX) provided its investors with an update on its business Thursday in the wake of the global coronavirus outbreak, and the picture wasn’t pretty. Starbucks said it is expecting a 50% drop in China revenue in the first quarter due to the outbreak. Temporary...
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Baird's Positive Long-Term View On Shake Shack Tempered By Near-Term Concerns
Tuesday, November 19, 2019 - 12:26pm | 344Shake Shack Inc (NYSE: SHAK) is among the few companies in the space that can deliver "well above-average" revenue and earnings growth over the longer term, but this doesn't mean investors should be buyers of the stock right now, according to Baird. The Analyst Baird analyst David...
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Texas Roadhouse Serves Up Juicy Quarter, But Street Isn't Buying The Sizzle
Tuesday, October 29, 2019 - 1:35pm | 575Texas Roadhouse Inc (NASDAQ: TXRH) reported third-quarter results, which was mostly cheered by Street analysts but sparked a debate if investors should buy the stock. Q3 Sizzles Texas Roadhouse's quarter report is highlighted by a "solid" comps beat of 4.4% versus 4.3%, a "...
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Despite Lackluster Quarter, Sell-Side Says Domino's Will Eventually Beat Back New Third-Party Delivery Competition
Wednesday, October 9, 2019 - 12:19pm | 627Domino’s Pizza, Inc. (NYSE: DPZ) was in the delivery business before delivery was so cool, and it will withstand the current onslaught of new food delivery companies, analysts said as they kept bullish ratings intact despite mixed third-quarter results. The Analysts Wedbush analyst Nick...
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The Street Debates Darden's Earnings: Low Bar Set For Guidance?
Friday, June 21, 2019 - 2:50pm | 663Olive Garden parent company Darden Restaurants, Inc. (NYSE: DRI) on Thursday reported fourth-quarter results. Earnings of $1.76 per share beat the analyst consensus estimate of $1.72, while quarterly sales of $2.23 billion missed the consensus estimate of $2.24 billion. Here is a summary of how...
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Baird Makes Chipotle A 'Fresh Pick' After Chatting With Management
Friday, June 7, 2019 - 11:17am | 331Baird analysts turned "incrementally positive" on Chipotle Mexican Grill, Inc. (NYSE: CMG) after hosting a chat with the senior management team, including CEO Brian Niccol. The Analyst Baird's David Tarantino maintains an Outperform rating on Chipotle with an $800 price target, but...
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3 Texas Roadhouse Analysts Agree: Wait For A Better Entry Point In Stock
Wednesday, February 20, 2019 - 12:27pm | 709Steakhouse chain Texas Roadhouse Inc (NASDAQ: TXRH) reported fourth-quarter results Tuesday that were "somewhat mixed" despite a top-and-bottom-line beat, according to Stephens. The Analysts Stephens' Will Slabaugh maintains an Equal-weight rating on Texas Roadhouse stock...
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Did McDonald's Deliver A Beefy Quarter? The Street Debates
Thursday, January 31, 2019 - 4:40pm | 728McDonald's Corp (NYSE: MCD) fourth-quarter results showed a beat on the earnings line, but U.S. same-store sales missed expectations. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts Bank Of America's Gregory Francfort maintains a Buy rating...
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The Street Mostly Agrees: Starbucks Print Shows 'Positive, Less Controversial' Quarter
Friday, January 25, 2019 - 2:04pm | 662Coffee chain Starbucks Corporation (NASDAQ: SBUX) reported Thursday afternoon with a top-and bottom-line first-quarter beat. Here's how the Street reacted. The Analysts Morgan Stanley's John Glass maintains an Equal-weight rating on Starbucks with an unchanged $70...
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Wall Street's Take On Starbucks Following Schultz's Departure
Tuesday, June 5, 2018 - 11:42am | 666After 40 years at Starbucks Corporation (NASDAQ: SBUX), founder Howard Schultz announced he is leaving the company later this month. Starbucks stock dipped 3 percent Tuesday following the announcement, and several Wall Street firms weighed in on the potential impact on the coffee chain. Here’...
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Chipotle's Q1: The Wall Street Reaction
Thursday, April 26, 2018 - 4:15pm | 838Chipotle Mexican Grill, Inc. (NYSE: CMG) reported a mixed first-quarter earnings report Wednesday, with an EPS beat and sales miss, but shares moved notably higher. Is now the time for investors to be buyers of the stock? Here's a summary of what some Wall Street analysts are saying after the...
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Amid Fragmented Pizza Market, Domino's Still Has Room To Grow
Tuesday, March 6, 2018 - 1:52pm | 427Domino's Pizza, Inc. (NYSE: DPZ) boasts a longer-term growth story in a sizable and fragmented global pizza market coupled with minimum downside in the stock, according to Wall Street's newest bull analyst. The Analyst Baird Equity Research's David Tarantino initiated coverage of...
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Baird: The Potential Restaurant Winners From A New Tax Bill
Monday, December 4, 2017 - 6:11pm | 897President Donald Trump's proposed tax reform appears to be more likely to succeed than not, which has many investors wondering how best to readjust their portfolio. Baird's David Tarantino took a deep dive into the restaurant sector, where there are a handful of potential winners from both...