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Wunderlich Securities Cautious On Chipotle Mexican Grill Ahead Of Earnings
Monday, February 2, 2015 - 11:47am | 237Read More...Robert Derrington of Wunderlich Securities on Monday commented in a note that despite encouraging macro trends investors should maintain a cautious tone on Chipotle Mexican Grill, Inc. (NYSE: CMG) ahead of its fourth-quarter print on Tuesday. Shares are Hold rated with a price target raised to...
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Brian Sozzi Suggests Game Plan For Shake Shack To Succeed
Friday, January 30, 2015 - 12:09pm | 406Read More...As shares of Shake Shack Inc (NYSE: SHAK) began trading at a hefty premium versus its initial pricing, investors may begin to question of the nearly $700 million valuation for a chain that operates only 62 locations is justified. Brian Sozzi of Belus Capital Advisors commented in an article on...
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Wunderlich Downgrades Panera Bread, Cites Valuation Reasons
Tuesday, January 20, 2015 - 10:10am | 113Read More...Robert Derrington of Wunderlich Securities on Tuesday downgraded shares of Panera Bread Co (NASDAQ: PNRA) to Hold from Buy as shares have appreciated to within 8 percent of his $185 price target. Derrington notes that Panera Bread is expected to improve its same-store sales throughout 2015 and 2015...
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UPDATE: Piper Jaffray Upgrades Sonic
Tuesday, January 13, 2015 - 11:33am | 87Read More...Nicole Miller Regan of Piper Jaffray on Tuesday upgraded shares of Sonic Corporation (NASDAQ: SONC) to Overweight from Neutral with a price target raised to $38 from a previous $28. According to the analyst, the fast-food chain will benefit from product innovation, strong marketing and technology...
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Drogen: 4 Ways 'Fast Casual' Is Stealing Market Share From Fast Food
Friday, December 26, 2014 - 3:56pm | 775Read More...There is no doubt 2014 has been a great year for the consumer, but as the economy continues to strengthen, there has been a noticeable divergence in consumer dining trends. Casual dining restaurants such as Chipotle Mexican Grill, Inc. (NYSE: CMG), Cheesecake Factory Inc (NASDAQ: CAKE)...
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Why Panera Bread Faces 'Significant Competitive Intrusion'
Monday, December 8, 2014 - 12:01pm | 303Read More...Karen Houlthouse of Goldman Sachs resumed coverage of Panera Bread Co (NASDAQ: PNRA) on Monday with a Sell rating and $139 price target. The analyst sees "significant risks of competitive intrusion" from newer, more food-forward and varied menu concepts. "The combination of...
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Are Chili's and Applebee's Preparing to Replace Wait Staff With Tablets?
Monday, December 9, 2013 - 2:29pm | 577Read More...At the same time fast food workers are staging a series of one-day strikes in an attempt to force a hike in the minimum wage – fast casual chains like Brinker International's (NYSE: EAT) Chili’s and now, DineEquity's (NYSE: DIN) Applebee’s have taken steps to install electronic tablets at every...
