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Cheesecake Factory Needs More Sweet To Enthuse Street
Wednesday, February 17, 2016 - 2:18pm | 629The Cheesecake Factory Inc (NASDAQ: CAKE) has managed to keep the Wall Street analysts "encouraged" despite fourth-quarter results being a mixed bag. However, the company needs to reverse its negative traffic trends to make the Street more optimistic on its fundamentals. The company's quarterly...
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What Does Wall Street Think Of Starbucks' Earnings?
Friday, January 22, 2016 - 2:11pm | 289Starbucks Corporation (NASDAQ: SBUX) is down 1.0 percent this week after the company reported mostly in-line earnings but gave relatively weak 2016 guidance. Here’s a look at what several top firms have to say about the stock now. Stephens Analyst Will Slabaugh likes the company’s top-...
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Starbucks Keeps Selling K-Cups By The Boatload
Wednesday, September 16, 2015 - 4:36pm | 401The latest K-cup sales data show that Starbucks Corporation (NASDAQ: SBUX) continues to outperform its competitors. Starbucks has recently outperformed peers in ground package coffee sales growth as well. Starbucks, Dunkin Brands Group Inc (NASDAQ: DNKN) and McDonald's Corporation (NYSE: MCD) all...
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Ignite Restaurant Group's Not A Sure Thing, UBS Downgrades To Sell
Wednesday, August 26, 2015 - 11:44am | 267Ignite Restaurant Group Inc (NASDAQ: IRG) shares have declined by 45 percent year-to-date. UBS analyst Keith Siegner downgraded the rating on the company from Neutral to Sell, while reducing the price target from $4 to $3.50. Limited visibility into Joe’s recovery and multiple...
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UBS: Time To Recognize Yum's China Profit Potential
Wednesday, July 15, 2015 - 1:34pm | 235Shares of Yum! Brands, Inc. (NYSE: YUM) were down almost 3 percent on Wednesday after the company beat earnings estimates, but missed consensus on the revenue front. EPS upside was mainly driven by strength in Taco Bell and robust profitability figures in China – operating profit upside on...
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UBS Evidence Lab Digs Into Dunkin Brands
Thursday, May 28, 2015 - 9:18am | 201In a report published Thursday, UBS analyst Keith Siegner maintained the Neutral rating and $52 price target on Dunkin Brands Group Inc (NASDAQ: DNKN). Following the company's robust Q1 results and subsequent rise in stock valuation, the analyst believes that it has become even more important for...
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UBS: Look For This At McDonald's
Tuesday, May 5, 2015 - 10:28am | 265In a report published Monday, UBS analyst Keith Siegner argued that McDonald's Corporation (NYSE: MCD)'s restructuring announcement is a "good start" but the timing of progress against financial strategic initiatives was slower than some had happened. "As we expected, McDonald's financial strategic...
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UBS Says Panera Has Huge Upside
Wednesday, April 1, 2015 - 10:44am | 269UBS commented on Panera Bread Co (NASDAQ: PNRA) Wednesday and maintained a Buy rating and $185 price target. Analysts led by Keith Siegner felt that the company's refranchising remained "an underappreciated opportunity" that could drive the stock to $265. "The company is...
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McDonald's Extends Losses As Analysts Slash Ratings
Wednesday, July 23, 2014 - 9:32am | 350McDonald's (NYSE: MCD) was trending lower Wednesday after at least four analysts downgraded the stock on weak outlook and disappointing second-quarter results. "The company has been losing market share and new products have been lackluster," Sterne Agee's Lynne Collier said in...
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UPDATE: UBS Securities Reiterates On Chipotle Mexican Grill Following Great Beat
Tuesday, July 22, 2014 - 9:37am | 116In a report published Tuesday, UBS Securities analyst Keith Siegner reiterated a Neutral rating on Chipotle Mexican Grill (NYSE: CMG), and raised the price target from $530.00 to $600.00. In the report, UBS Securities noted, “CMG delivered one of the best beats in recent memory, blowing away...
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Chipotle Mexican Grill: What The Analysts Are Saying
Friday, January 31, 2014 - 3:19pm | 913Chipotle Mexican Grill (NYSE: CMG) on Thursday reported a strong fourth quarter result, which included a better-than-expected EPS and revenue. The company announced an EPS of $2.53, beating the consensus estimate of $2.52. Revenue of $844.1 million increased 20.7 percent year-over-year and beat...