Paul Westra

Pershing Square’s Bill Ackman has started a 9.9 percent activist position in Chipotle Mexican Grill, Inc. (NYSE: CMG). Stifel’s Paul Westra reiterated a Sell rating on Chipotle, with a price target of $215. The Ackman Stake “We cannot fathom Pershing’s operational or...

Stifel's restaurant analyst Paul Westra turned bearish on the restaurant industry in late July. On Tuesday, RBC Capital Market's analyst David Palmer shared a similar, somewhat negative, sentiment on the restaurant sector, noting that industry trends have "slowed to very low growth." According to...

The restaurant sector has been under serious pressure as of late following a bearish call by Stifel's restaurant analyst Paul Westra. The segment is also getting little help from earnings season in which 15 of the 16 restaurant chains that reported second-quarter results thus far said sales...

Stifel's Paul Westra downgraded Cheesecake Factory Inc (NASDAQ: CAKE) from Buy to Sell, lowering the company's price target from $65.00 to $43.00. The rating change came with Stifel's downgrade of the whole restaurant industry group from a bullish stance to a bearish one. Recession Incoming The...

Stifel has downgraded Dave & Buster's Entertainment, Inc. (NASDAQ: PLAY) to Hold from Buy on potential U.S. recession concerns. "We have grown extremely cautious on the restaurant industry as a whole, and today we downgrade PLAY from Buy to Hold mainly to reflect our bearish Macro Sentiment (w...

Stifel has downgraded Chipotle Mexican Grill, Inc. (NYSE: CMG) to Sell from Hold as it expects the U.S. economy will likely fall into recession within the next three to nine months. Comp Outlook, Justification "More specifically, we adopted a below-consensus two-year (2H16–1H18)...

Stifel’s Paul Westra expects the U.S. restaurant sector to see a recessionary comp slowdown during 3Q16–2Q18. Westra downgraded the rating on Darden Restaurants, Inc. (NYSE: DRI) from Hold to Sell, with a price target of $53. Potential U.S. Recession The analyst mentioned restaurants...

Stifel analyst Paul Westra expects the U.S. economy to fall into a recession within the next three to nine months. In a series of new notes out on Tuesday, he explains why the U.S. economic downturn will be bad news for restaurant stocks. Westra turned bearish on restaurant stocks for three reasons...

Stifel’s Paul Westra expects the U.S. economy to potentially fall into recession within the next three to nine months. Westra downgraded the rating on Panera Bread Co (NASDAQ: PNRA) from Hold to Sell, with a price target of $175. Potential Recession “Restaurant stocks are monolithic as...

One of the fastest growing trends within the restaurant sector is the emergence of "casual fast food" chains. The problem for investors is that there are many options to chose from. Paul Westra of Stifel offered investors two names to consider investing in: El Pollo LoCo Holdings Inc...