Longbow Research

Continued strength in semiconductor chip bookings and “extremely lean” forward-looking inventory across the supply chain suggest increasing lead times and zero destocking risk on the horizon, according to Longbow Research. The Semiconductor Analyst: Nikolay Todorov upgraded the ratings...

Plant-based food maker Beyond Meat Inc (NASDAQ: BYND) offers investors an "attractive growth" story, but the valuation makes it difficult to justify buying the stock, according to Longbow Research. The Beyond Meat Analyst: Alton Stump initiated coverage of Beyond Meat with a Neutral...

Casual fast food chain Chipotle Mexican Grill, Inc. (NYSE: CMG) reported second-quarter results Wednesday that were highlighted by sequentially improving same-store sales metrics in June and July. Here's how the Street reacted.   The Chipotle Analysts Longbow Research analyst...

Shake Shack Inc (NYSE: SHAK) reported fourth-quarter results that fell short of expectations. Management acknowledged it suffered from a "significant slowdown" in its growth business, which contributed to the stock's sell-off. Shake Shack reported quarterly earnings of 6 cents per...

Fitbit Inc (NYSE: FIT) has agreed to be acquired by Alphabet Inc (NASDAQ: GOOGL) in a $2.1 billion deal. The most worrying aspects of Fitbit’s weak fourth-quarter results its plummeting profitability, according to Longbow Research. The Fitbit Analyst Nikolay Todorov maintained a Neutral...

Apple Inc. (NASDAQ: AAPL) is poised to exceed street estimates for iPhone sales in 2020, according to Longbow Research.  The Apple Analyst Shawn Harrison has a Buy rating on Apple with a $345 price target. The Apple Thesis Longbow Research's conversations early this year are providing...

Boeing Co (NYSE: BA) Chairman David Calhoun won't be able to fly under the radar once he takes over as CEO at the beleaguered American jet maker Monday. Calhoun will take over the controls from Dennis Muilenburg, who was forced to step down last month in the tumultuous aftermath of two crashes...

Shares of Domino's Pizza, Inc. (NYSE: DPZ) bottomed near $220 in late August but has since recovered to nearly $300 and one analyst is calling for a pause. The Analyst Longbow Research analyst Alton Stump downgraded Domino's from Buy to Neutral with no price target (prior price target of $...

Chipotle Mexican Grill, Inc. (NYSE: CMG) reported third-quarter results that exceeded expectations, highlighted by better-than-expected same-store sales growth of 11% versus 9% expected and an increase in net income from $38.2 million last year to $98.6 million. Flawless Quarter Chipotle's...

Wendys Co (NASDAQ: WEN) announced this week a major push into breakfast and the corresponding stock reaction to the downside appears to be "unwarranted," according to Longbow. The Analyst Longbow Research analyst Alton Stump maintains a Buy rating on Wendy's stock with an...

Memory product fundamentals are on the mend, according to Longbow Research, which turned bullish Wednesday on Micron Technology, Inc. (NASDAQ: MU). The Analyst Analyst Nikolay Todorov upgraded Micron from Neutral to Buy with a $66 price target. The Thesis Memory shipments are...

The bearish case for restaurant holding company Restaurant Brands International Inc (NYSE: QSR) can now be made for three reasons, according to Longbow. The Analyst Longbow Research's Alton Stump downgraded Restaurant Brands from Neutral to Underperform with a new $55 price target The Thesis...

Appliance manufacturer Whirlpool Corporation (NYSE: WHR) exited the first quarter with some momentum that could translate to a "strong period" of earnings acceleration, according to Longbow Research.  The Analyst David Macgregor upgraded Whirlpool from Neutral to Buy with a new...

Shares of restaurant chain Texas Roadhouse Inc (NASDAQ: TXRH) fell notably lower in reaction to its first-quarter print, and investors may want to consider taking advantage of the dip, according to Longbow Research.  The Analyst Alton Stump upgraded Texas Roadhouse from Neutral to Buy...

Even as the NAND cycle recovery remains a point of debate among analysts, Longbow Research said Monday that a cyclical recovery may be imminent. The Analyst Analyst Nikolay Todorov upgraded Western Digital Corp (NASDAQ: WDC) from Neutral to Buy with a $65 price target. The Thesis...