John Glass

Fast casual restaurant chain Chipotle Mexican Grill, Inc. (NYSE: CMG) is undergoing a compelling earnings recovery story led by a new management team, according to Morgan Stanley.  The Analyst Morgan Stanley's John Glass upgraded Chipotle Mexican Grill from Equal-weight to...

Multiple Street analysts are hesitant in recommending Starbucks Corporation (NASDAQ: SBUX)'s stock, which is trading at new 52-week lows in reaction to a disappointing sales and outlook update. The Analysts Stephens' Will Slabaugh maintained an Equal-Weight rating on Starbucks ...

Starbucks Corporation (NASDAQ: SBUX) said Tuesday afternoon in a third-quarter preannouncment that it needs to "move faster to address the more rapidly changing preferences and needs of our customers." The coffee chain lowered its new store growth forecast. The discouraging announcement...

After 40 years at Starbucks Corporation (NASDAQ: SBUX), founder Howard Schultz announced he is leaving the company later this month. Starbucks stock dipped 3 percent Tuesday following the announcement, and several Wall Street firms weighed in on the potential impact on the coffee chain. Here’...

Starbucks Corporation (NASDAQ: SBUX) reported its fiscal second quarter results, which were "good enough but not great," according to Morgan Stanley. The Analyst Morgan Stanley's John Glass maintains an Overweight rating on Starbucks with an unchanged $72 price target. The...

The quick service restaurant industry has benefited in recent years from a "wave of refranchising" in which company-owned stores were sold to franchisees, Morgan Stanley said in an industrywide report. The top question in investors' minds is, according to the sell-side firm: what'...

A plethora of quick service restaurant chains have undergone a refranchising process in the last five years, with company-owned stores being sold to franchisees, Morgan Stanley said in a sector-wide industry report. Now that the process has mostly come to an end, the sell-side firm has become...

Wingstop Inc (NASDAQ: WING) shares plummeted after the restaurant chain issued weak fiscal 2018 earnings guidance at the same time it posted a fourth-quarter earnings and sales beat on Thursday. Morgan Stanley's and Stephens' positions on the company remain unchanged despite the...

Shares of Chipotle Mexican Grill, Inc. (NYSE: CMG) soared by more than 14 percent as it appears investors are happy with the company's move to hire Taco Bell CEO Brian Niccol as its new CEO. Is the sell-side equally happy with the move? The Analysts William Blair's Sharon Zackfia...

Shares of Starbucks Corporation (NASDAQ: SBUX) were trading lower by 5 percent Friday after the coffee and food chain's fiscal first-quarter earnings report disappointed investors across multiple metrics. Perhaps most notably, same-store sales growth of 2 percent fell short of the 3-percent...