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Analyst Sees Chipotle's Valuation As A Little Stretched
Tuesday, July 23, 2019 - 7:24pm | 162Stephen Anderson, senior restaurant and consumer analyst at Maxim Group, spoke on CNBC's "Closing Bell" about Chipotle Mexican Grill, Inc. (NYSE: CMG) after it reported an earnings beat. He said the company posted great numbers, especially on the digital side, which is now around...
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Maxim Group Says Chipotle Has 'Enviable Position' Among Restaurant Stocks
Tuesday, October 23, 2018 - 11:16am | 470Fast casual chain Chipotle Mexican Grill, Inc. (NYSE: CMG) boasts an "enviable position" compared to its large-cap restaurant peers, according to Maxim Group. The Analyst Analyst Stephen Anderson upgraded Chipotle Mexican Grill from Hold to Buy with a price target lifted from $...
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Maxim Has An Appetite For Potbelly
Wednesday, October 10, 2018 - 3:35pm | 351The bullish case for restaurant chain Potbelly Corp (NASDAQ: PBPB) can now be made for five distinct reasons, according to Maxim Group. The Analyst Maxim's Stephen Anderson upgraded Potbelly from Hold to Buy with a price target lifted from $13 to $15. The Thesis Maxim's neutral stance on...
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A Dunkin' By Any Other Name: Maxim Raises Stock's Price Target
Wednesday, September 26, 2018 - 3:30pm | 390Dunkin Brands Group Inc (NASDAQ: DNKN) is removing the "Donuts" portion of its iconic name in a move that's consistent with the company's focus on beverages, according to Maxim. The Analyst Maxim Group's Stephen Anderson maintains a Buy rating on Dunkin' Brands with a...
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Maxim: Habit Restaurants No Longer A Buy, Consider Del Taco Instead
Friday, August 3, 2018 - 10:49am | 411Shares of Habit Restaurants Inc (NASDAQ: HABT) are up nearly 70 percent over the last three months, putting an end to Maxim Group's bullish stance on the casual fast food stock. The Analyst Maxim's Stephen Anderson downgraded Habit Restaurants from Buy to Hold with an...
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Cracker Barrel Is Undervalued, Maxim Says In Upgrade
Friday, July 27, 2018 - 12:23pm | 448Cracker Barrel Old Country Store, Inc. (NASDAQ: CBRL) could be positioned for earnings growth, according to Maxim Group. The Analyst Maxim analyst Stephen Anderson upgraded Cracker Barrel from Hold to Buy and lifted the price target from $170 to $187. The Thesis Cracker Barrel...
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After 44% Run, Domino's Pizza Hit With A Downgrade On Valuation
Friday, June 8, 2018 - 9:56am | 310Shares of pizza chain Domino's Pizza, Inc. (NYSE: DPZ) are up nearly 50 percent since the start of 2018, which brings an end to Maxim Group's bullish stance on the stock. The Analyst Analyst Stephen Anderson downgraded Domino's Pizza from Buy to Hold with an unchanged $270 price...
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Zoe's Kitchen's Downgraded By Maxim After Tough Q1; Growth Story 'Broken For Now'
Friday, May 25, 2018 - 11:25am | 373Casual restaurant chain Zoe's Kitchen Inc (NYSE: ZOES) reported first-quarter results Thursday that made it clear the growth story "is broken for now," according to Maxim Group. The Analyst Maxim Group's Stephen Anderson downgraded Zoe's Kitchen from...
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Dunkin' Brands Is 2018's First Go-Private Rumor; Shares Benefit
Tuesday, January 2, 2018 - 2:48pm | 454Dunkin Brands Group Inc (NASDAQ: DNKN) holds the title as 2018's unofficial first subject of a go-private rumor. Germany's JAB Holding, a private investment firm that has been active in buying American coffee companies and restaurants, is looking to continue the trend in 2018. JAB's...
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Maxim Urges Investors To Start A New Habit
Wednesday, December 13, 2017 - 12:56pm | 382Some habits can’t be broken — even amid competitive threats from McDonald’s Corporation (NYSE: MCD) or Shake Shack Inc (NYSE: SHAK). Habit Restaurant Inc (NASDAQ: HABT) earned the endorsement of Maxim Wednesday in light of potential changes to the fast-casual burger chain...
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After A Mixed Q3, Dave & Buster's Remains Top Pick At Maxim
Wednesday, December 6, 2017 - 12:31pm | 346Dave & Buster's Entertainment, Inc. (NASDAQ: PLAY) reported a mixed third quarter earnings report, but contained multiple encouraging metrics to support the bullish case for owning the stock. The Analyst Maxim Group's Stephen Anderson maintains a Buy rating on Dave & Buster's...
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After Arby's Offer, Could Buffalo Wild Wings Receive A Competing Bid?
Tuesday, November 28, 2017 - 1:27pm | 392Buffalo Wild Wings (NASDAQ: BWLD) agreed Tuesday to accept a $157-per-share buyout offer from Arby's Restaurant Group, which is controlled by the private equity investment firm Roark Capital Group. It has yet to be seen if a competing bid will be presented to acquire the chicken wing restaurant...
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Domino's Pizza Pullback Gives Maxim Group An Appetite
Thursday, November 2, 2017 - 3:48pm | 371Maxim Group's Stephen Anderson upgraded Domino's Pizza, Inc. (NYSE: DPZ) from Hold to Buy on Thursday, saying investors overreacted to a bad earnings report by rival Papa John's Int'l, Inc. (NASDAQ: PZZA). Papa John's problems are concept-specific, while Domino...
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6 Analysts' First Impressions Of B-Dubs' Q3
Thursday, October 26, 2017 - 12:36pm | 1341Buffalo Wild Wings (NASDAQ: BWLD)'s third-quarter earnings report Wednesday has investors convinced that the casual fast-food company's outlook at the very least is brighter today than it was just last week. But is Wall Street equally convinced? Barclays: Imagine The Growth When Comps...
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Chipotle Must Balance Headwinds With Innovation, Marketing Initiatives, But Some Analysts Remain Believers
Wednesday, July 26, 2017 - 11:17am | 390A mixed second-quarter earnings report and an outbreak of norovirus has clouded the crystal balls of analysts who cover Chipotle Mexican Grill, Inc. (NYSE: CMG). Conservative Approach Baird Analyst David Tarantino maintained a Neutral rating and lowered the price target to $385 from $425. “...