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Analyst: Beyond Meat's Stock Has Plenty Of Juice Left
Thursday, May 21, 2020 - 8:51pm | 372Read More...Plant-based food maker Beyond Meat Inc (NASDAQ: BYND) continues to mostly benefit from the "young female consumer in the urban environment," BTIG analyst Peter Saleh said Thursday on CNBC's "Trading Nation." What Happened On Tuesday, Saleh initiated coverage of Beyond Meat...
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Checking In On Restaurants Amid The Coronavirus Lockdown: Hooters Of Houma, Louisiana
Wednesday, May 20, 2020 - 5:18pm | 675Read More...Restaurants across a handful of states reopened their doors to limited seating over the past few days. Benzinga checked in with a handful of restaurants of different sizes to see how they are faring so far at a time when the COVID-19 pandemic remains a major overhang. This is part three. Most...
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Why Texas Roadhouse Could Be A Big Post-Shutdown Winner
Wednesday, May 20, 2020 - 4:06pm | 551Read More...Grocery food prices continue to rise, and this represents a potentially overlooked opportunity for restaurants like Texas Roadhouse Inc (NASDAQ: TXRH). The Texas Roadhouse Analysts Wedbush analyst Nick Setyan maintained an Outperform on Texas Roadhouse with an unchanged $73 price...
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This Analyst Likes Kraft Heinz Stock And Its 40% Discount To Peers
Monday, May 18, 2020 - 1:30pm | 348Read More...Kraft Heinz Co (NASDAQ: KHC) is trading at a 40% valuation discount versus its peers and represents a good buying opportunity for investors, according to BofA Securities. The Kraft Heinz Analyst Bryan Spillane upgraded Kraft Heinz's stock from Neutral to Buy with a price target lifted from $32...
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As NYC Council Caps Third-Party Delivery Charges, Survey Predicts Looming 'Death Knell' For Restaurants
Friday, May 15, 2020 - 3:42pm | 547Read More...The New York City Council approved a bill this week to limit third-party restaurant delivery fees at 20%. The NYC Council Bill The New York City Council's Small Business Committee on Wednesday approved a new bill making it illegal for third-party delivery platforms to charge more than a 5...
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Why KKR Invested In A Pizza Delivery Platform
Friday, May 15, 2020 - 7:54am | 389Read More...Pizza delivery company Slice secured a new $43 million Series C funding on Tuesday from global investment firm KKR & Co (NYSE: KKR). On Thursday, KKR's co-head of next-generation technology, Jake Heller, explained the rationale behind backing the company amid a very competitive market...
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Key Takeaways From BofA's Deep Dive Into Grocery Stocks
Wednesday, May 13, 2020 - 4:05pm | 543Read More...Grocery sales growth remain elevated on a year-over-year basis, but have moderated since peak coronavirus "stock-up" activity in the middle of March, according to BofA Securities. The Analyst Robert Ohmes commented on the grocery store sector in a deep dive note. Grocery Store...
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Uber, GrubHub Analysts Dish Opinions On Reported M&A Talks: 'Not Surprising'
Tuesday, May 12, 2020 - 4:34pm | 839Read More...If media reports are accurate that Uber Technologies Inc (NYSE: UBER) is in talks to acquire rival food delivery platform GrubHub Inc (NYSE: GRUB), it would be both an offensive and defensive move, according to Wedbusgh. The Uber Analysts Wedbush analyst Ygal Arounian maintains an Outperform rating...
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PepsiCo Wants To Ship Beverages, Snacks To Your Home
Tuesday, May 12, 2020 - 3:15pm | 368Read More...Beverage and snack giant PepsiCo, Inc. (NASDAQ: PEP) announced Tuesday the launch of two direct-to-consumer portals, PantryShop.com and Snacks.com. DTC Site Offers Brands Like Gatorade, Tropicana PepsiCo has spent the past few years working to become a "faster, stronger, better company...
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April's Restaurant Data Far From Encouraging, But There Is Hope
Monday, May 11, 2020 - 3:25pm | 444Read More...The job losses at restaurants in April are discouraging: three decades of job gains were eliminated, according to the National Restaurant Association. What Happened To Restaurant Jobs Eating and drinking establishments across the U.S. lost 5.5 million jobs in April on a seasonally adjusted...
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Bored Of Reheated Pasta? Benzinga's Top Foods To Order Or Cook Has You Covered
Sunday, May 10, 2020 - 4:30pm | 834Read More...Restaurants are slowly opening at limited capacity across America, but most consumers are still dependent on takeaway options or cook their own food at home. For many, these options have become stale and boring but it doesn't have to be that way. Each week, Benzinga compiles a list of new and...
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Uber CEO On Q1 Results, Outlook: 'Everything Is On The Table Now'
Friday, May 8, 2020 - 3:45pm | 573Read More...Ride-hailing company Uber Technologies Inc (NYSE: UBER) experienced a strong January and February, followed by a "difficult" March and then a "shock to the system" in April as Rides experienced an 80% year-over-year decline, CEO Dara Khosrowshahi said on CNBC's "Squawk...
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Beyond Meat Brings Jim Cramer One Step Closer To Becoming Vegan
Thursday, May 7, 2020 - 3:01pm | 447Read More...Plant-based food maker Beyond Meat Inc (NASDAQ: BYND) has a "fighting chance" of winning over consumers as traditional beef prices surge higher, CEO Ethan Brown told CNBC's Jim Cramer in a Wednesday interview. Gaining New Consumers Just in time for barbecue season, Beyond Meat...
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These Analysts Aren't Supporting Beyond Meat's Stock Surge
Wednesday, May 6, 2020 - 2:15pm | 653Read More...Plant-based food maker Beyond Meat Inc (NASDAQ: BYND) reported first-quarter results, highlighted by an earnings beat and a swing to profit. While investors appear to be impressed with the print, multiple Street analysts remain bearish. The Beyond Meat Analysts Wells Fargo analyst John Baumgartner...
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Tyson Foods Headwinds Lead BofA To Drop Bullish Stance
Tuesday, May 5, 2020 - 2:40pm | 387Read More...Tyson Foods, Inc. (NYSE: TSN) faces multiple COVID-19 related headwinds and operational challenges, according to BofA Securities. The Tyson Analyst Peter Galbo downgraded Tyson Foods from Buy to Neutral with a price target lowered from $70 to $60. The Tyson Thesis Data from USDA shows beef...
