Market Overview

Goldman Sachs Just Resumed Coverage On These Restaurant Stocks

Goldman Sachs Just Resumed Coverage On These Restaurant Stocks
Related SBUX
Get Ready To See Lots Of 'Pokémon Go' Players At Your Local Starbucks
Cut Starbucks Some Slack, Selling $10 Coffee Is A Good Business Strategy
Why Starbucks Is Set To Soar Without Schultz As CEO (Seeking Alpha)

On Monday, analysts at Goldman Sachs resumed coverage on multiple restaurant stocks:

  • Starbucks Corporation (NASDAQ: SBUX) Conviction Buy, $95 price target.
  • Chipotle Mexican Grill, Inc. (NYSE: CMG) Buy, $790 price target.
  • Burger King Worldwide Inc (NYSE: BKW) Buy, $39 price target.
  • McDonald's Corporation (NYSE: MCD) Neutral, $90 price target.
  • Dunkin Brands Group Inc (NASDAQ: DNKN) Neutral, $47 price target.
  • Domino's Pizza, Inc. (NYSE: DPZ) Neutral, $100 price target.
  • Potbelly Corp (NASDAQ: PBPB) Neutral, $13.50 price target.
  • Yum! Brands, Inc. (NYSE: YUM) Sell, $70 price target.
  • Panera Bread Co (NASDAQ: PNRA) Sell, $139 price target.

Starbucks, Chipotle and Domino's are in the green on Monday morning, while McDonald's, Yum! and Potbelly are all down. McDonald's shares, in particular, are down more than 3 percent after global comparable-store sales fell 2.2 percent in November

Image credit: Mr.TinDC, Flickr

Latest Ratings for SBUX

Oct 2016RBC CapitalMaintainsOutperform
Sep 2016WedbushMaintainsOutperform
Sep 2016CLSAMaintainsBuy

View More Analyst Ratings for SBUX
View the Latest Analyst Ratings

Posted-In: Goldman SachsPrice Target Restaurants Analyst Ratings General Best of Benzinga


Related Articles (CMG + BKW)

View Comments and Join the Discussion!