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Nomura: International Expansion Could Drive Domino's Next Wave Of Growth
Wednesday, November 29, 2017 - 12:31pm | 415Domino's Pizza, Inc. (NYSE: DPZ) stock is soaring following an analyst upgrade. The Ann Arbor, Michigan-based pizza chain is benefitting from investments in technology, making it more attractive for international franchisees to buy rival franchises and switch them over to the brand, according...
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The Sell-Side Sentiment On Starbucks
Tuesday, November 7, 2017 - 10:21am | 617Deutsche Bank's Brett Levy maintained a Buy rating for Starbucks Corporation (NASDAQ: SBUX) and he decreased his price target for the stock from $67 to $62, after the company reported earnings Thursday. Levy said he expects new stores to contribute to top line growth, while integration of East...
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Several Analysts Still Remain Bullish On Starbucks, Despite Disappointing Earnings Call
Friday, July 28, 2017 - 11:38am | 720“Growth potential as strong as the coffee,” one analyst noted even after Starbucks Corporation (NASDAQ: SBUX)'s disappointing third-quarter earnings call. But, that did not stop the majority of Wall Street analysts from slashing their ratings and price targets on Starbucks, as it...
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4 Big Takeaways From Chipotle's Updated Guidance
Tuesday, June 20, 2017 - 4:26pm | 473Chipotle Mexican Grill Inc. (NYSE: CMG) reiterated its high single-digit 2017 same-restaurant sales growth guidance on Monday evening and said it expects rising costs in Q2. Several Wall Street analysts commented on the stock following the updated guidance. Here’s a look at the key themes...
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Lower Expectations For McDonald's, Yum Brands Heading Into 2017
Wednesday, January 4, 2017 - 12:11pm | 195Nomura’s Mark Kalinowski maintains Buy ratings on McDonald's Corporation (NYSE: MCD) and Yum! Brands, Inc. (NYSE: YUM), while reducing their price targets and estimates. McDonald's The price target has been reduced from $139 to $137. The EPS estimates for McDonald's for 2016 and...
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Starbucks To Crush McDonald's This Year?
Tuesday, January 3, 2017 - 4:26pm | 238McDonald's Corporation (NYSE: MCD) is the world's most valuable restaurant company with a valuation just shy of $100 billion. However, according to Mark Kalinowski of Nomura, McDonald's will eventually be dropped to second place. The victor? Starbucks Corporation (NASDAQ: SBUX). In...
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Chipotle's Conference Call Leaves Nomura Sidelined As Shift Continues Away From Food Safety
Wednesday, December 14, 2016 - 10:12am | 264Chipotle Mexican Grill, Inc. (NYSE: CMG) hosted a conference call Tuesday to discuss ongoing and new operational changes, along with the earlier announced departure of co-CEO Monty Moran. Nomura’s Mark Kalinowski maintains a Neutral rating on the company, with a price target of $333....
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The Sell-Side Reviews Out Of Starbucks' Investor Day
Thursday, December 8, 2016 - 4:30pm | 618Starbucks Corporation (NASDAQ: SBUX) held its biennial Analyst Day on Wednesday, where it outlined its financial goals and focus areas, among other updates. The company reiterated its annualized targets of 10 percent revenue growth, mid-single-digit same-store sales expansion and 15–20...
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Nomura Downgrades McDonald's On Slowing Comps; Yum Brands Is Top Pick
Wednesday, June 22, 2016 - 3:05pm | 342Nomura has downgraded McDonald's Corporation (NYSE: MCD) to Neutral from Buy amid slowing comps and said its Buy-rated Yum! Brands, Inc. (NYSE: YUM) is its top large-cap restaurant stock pick. "Our downgrade is predicated on multiple factors, including slowing U.S. restaurant industry...
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Nomura Hikes Wendy's Sales Outlook After 'Favorable' Burger Channel Checks
Wednesday, March 9, 2016 - 12:10pm | 240Nomura analyst Mark Kalinowski raised his Q1 same-store sales forecast for Wendys Co (NASDAQ: WEN) after "favorable" channel checks, sending shares up 1 percent. The analyst, who has a Buy rating on Wendy's, increased his Q1 same-store sales projection for the company-owned...
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Fast-Casual Pair Trade? Nomura Starts Starbucks At Buy, Chipotle At Neutral
Friday, February 19, 2016 - 2:20pm | 387Nomura initiated coverage of Starbucks Corporation (NASDAQ: SBUX) with a Buy rating and $70 price target, citing the company's digital initiatives, favorable market-share trends and a beneficial coffee-cost outlook. The Seattle-based coffee retailer has investing heavily to improve its mobile...
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Nomura Highlights 'Mixed' Comp Trends In U.S. Restaurant Group, Names Yum!, Papa John's As Top Picks
Friday, October 2, 2015 - 11:20am | 618Mark Kalinowski of Nomura initiated coverage of U.S. restaurants with a mixed reaction. Kalinowski highlighted chain restaurant same-store sales trends "generally remain solid," but not all segments appear to be generating improvements. Kalinowski named Yum! Brands, Inc. (NYSE: YUM) and Papa John...
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Nomura Names Yum! Brands Top Large-Cap Pick In Restaurant Space
Friday, October 2, 2015 - 9:48am | 340Yum! Brands, Inc. (NYSE: YUM) has seen an almost 9 percent increase in its share price year-to-date, with shares reaching a high of $94.88 on May 20. Nomura’s Mark Kalinowski has initiated coverage of Yum! Brands with a Buy rating and price target of $106. Kalinowski believes that...
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McDonald's Biggest Threat? Chick-fil-A, According To Nomura
Friday, October 2, 2015 - 9:11am | 323McDonald's Corporation (NYSE: MCD) have risen 4.8 percent year-to-date, reaching a high of $101.10 on August 19. Nomura’s Mark Kalinowski has initiated coverage of McDonald’s with a Neutral rating and price target of $103. Although the company’s planned menu and All-...
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Janney Expects Weather To Hurt McDonald's February Sales
Wednesday, March 4, 2015 - 4:41pm | 170Janney commented on February sales for McDonald's Corporation (NYSE: MCD) Wednesday and maintained a Neutral rating with an $89 price target. Analyst Mark Kalinowski suspected that U.S. comp sales for McDonald's slowed during February as sales in the chain burger sector deteriorated...