Nick Setyan

Starbucks Corporation (NASDAQ: SBUX) Thursday reported fourth-quarter results, with a revenue and earnings beat. Morgan Stanley Analyst John Glass maintained an Equal-Weight rating and a price target of $96. “Outsized US comp sales of 11% and positive commentary on current trends assuage near...

Starbucks Corporation (NASDAQ: SBUX) shares traded high by 1.2% on Wednesday after the company held its first investor day event since announcing Laxman Narasimhan will be taking over as the new CEO. Starbucks holds investor day events once every two years to update investors on its long-term...

There is an upside to Denny's Corp.’s (NASDAQ: DENN) current expectations for the back half of 2022 and 2023, while the company’s long-term prospects remain intact under new CEO Kelli Valade, according to Wedbush. The Denny's Analyst: Nick Setyan upgraded the rating for Denny...

Starbucks Corporation (NASDAQ: SBUX) reported its fiscal third quarter adjusted earnings at 84 cents per share, beating the consensus estimate of 75 cents per share. KeyBanc Capital Markets On Starbucks Analyst Eric Gonzalez maintained a Sector Weight rating for the company. Starbucks delivered an...

Many Wall Street analysts fear a recession and its impact on the companies in its sector. Nick Setyan, managing director at Wedbush Securities covering the restaurant sector, does not. He explained his stance on PreMaret Prep Plus on Wednesday and shared a few picks and a pan. How Can A Recession...

Starbucks shares were rallying Wednesday after the coffee chain reported a second-quarter sales beat. The quarter was helped by strong growth and momentum in the North American segment. The big headwind facing the company is the impact of the China region, which analysts highlighted after the...

Rising food costs, menu price increases and store growth were the big topics highlighted by analysts who cover restaurant company Chipotle Mexican Grill, Inc. (NYSE: CMG). Here are the key analyst takeaways.  The Chipotle Analysts: Morgan Stanley analyst John Glass had an Overweight...

On Wednesday, Starbucks Corporation (NASDAQ: SBUX) CEO Kevin Johnson announced he is retiring after five years in the position. While the coffee retailer searches for a permanent replacement for Johnson, Starbucks founder and former two-time CEO Howard Schultz will return as interim chief executive...

Starbucks Corporation (NASDAQ: SBUX) shares traded slightly lower on Wednesday after the company reported fiscal first-quarter earnings on Tuesday afternoon and said rising costs may eat into profitability in 2022. Starbucks reported first-quarter adjusted EPS of 72 cents, missing the consensus...

On "Wednesdays with Wedbush" on Benzinga's PreMarket Prep Plus, Nick Setyan, a managing director of research who covers the restaurant sector for the firm, joined the broadcast.   Restaurants Before And After The Pandemic: Despite the initial shock of the lockdowns and...

Starbucks Corporation (NASDAQ: SBUX) shares bounced back on Monday after the stock received a Wall Street upgrade by an analyst who believes the stock’s post-earnings sell-off is overdone. The Analyst: Stephens analyst James Rutherford upgraded Starbucks from Equal Weight to Overweight...

Wedbush Securities analysts expect post-COVID-19 growth to outpace pre-pandemic growth rates, resulting in bullish sentiment on shares of Brinker International, Inc. (NYSE: EAT). The Brinker Analyst: Wedbush Securities analyst Nick Setyan initiated coverage on shares of Brinker International ...

As COVID-19 restrictions ease and restaurants begin to open, Shake Shack’s (NYSE: SHAK) recovery is expected to accelerate through 2022, according to Goldman Sachs and Wedbush analysts. The Shake Shack Analysts: Goldman Sachs analyst Jared Garber upgraded Shake Shack shares from Neutral...

Shake Shack Inc (NYSE: SHAK) is trading higher Tuesday morning following a pair of analyst upgrades and price target raises. Shake Shack is an American fast-casual resturant with a menu consisting of burgers, hot dogs, crispy chicken, crinkle cut fries, shakes and more. What Happened: Wedbush...

Coffee chain Starbucks Corporation (NASDAQ: SBUX) guided for 2021 EPS to be in a range of $2.70 to $2.90, but the company should outperform expectations, according to Wedbush. The Starbucks Analyst: Nick Setyan upgraded Starbucks from Neutral to Outperform with a price target lifted from $108 to $...