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Goldman On Restaurants: Buy Texas Roadhouse, Sell Yum, Hold Starbucks
Saturday, January 12, 2019 - 3:37pm | 714Restaurant investors should be be selective in their choices, as the bullish theme of the strong U.S. consumer could be offset in discretionary spending away from restaurants, according to Goldman Sachs. The Analyst Analyst Karen Holthouse made the following rating and price target changes:...
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Goldman Sachs Sees Structural Concerns Over Yum! Brands China Business
Monday, December 8, 2014 - 1:00pm | 257Karen Houlthouse of Goldman Sachs resumed coverage of Yum! Brands (NYSE: YUM) on Monday with a Sell rating and $70 price target due to “structural” concerns over the company's China business. “We believe the local competition will arrive more quickly [in China] than in...
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Why Panera Bread Faces 'Significant Competitive Intrusion'
Monday, December 8, 2014 - 12:01pm | 303Karen 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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Goldman Sachs On Chipotle Mexican Grill: Investors Willing To Pay Big Multiple For A Big Burrito
Monday, December 8, 2014 - 11:41am | 209Karen Houlthouse of Goldman Sachs resumed coverage of Chipotle Mexican Grill, Inc. (NYSE: CMG) on Monday with a $790 price target. "Not only is Chipotle Mexican Grill one of few concepts well positioned for the "real food" movement, but it has still significant untapped latent comp drivers,"...