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Why This Starbucks Analyst Says Coffee Giant's 2021 Guidance Is Conservative
Friday, March 19, 2021 - 12:26pm | 332Read More...Coffee chain Starbucks Corporation (NASDAQ: SBUX) guided for 2021 EPS to be in a range of $2.70 to $2.90, but the company should outperform expectations, according to Wedbush. The Starbucks Analyst: Nick Setyan upgraded Starbucks from Neutral to Outperform with a price target lifted from $108 to $...
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Chipotle Stock Falls After Q4 Print: Should Investors Buy The Dip?
Wednesday, February 3, 2021 - 1:35pm | 938Read More...Casual restaurant chain Chipotle Mexican Grill, Inc. (NYSE: CMG) reported Tuesday with fourth-quarter results that prompted a 3% selloff in shares by Wednesday morning. Here's how the Street reacted to the print. The Chipotle Mexican Grill Analysts Raymond James analyst Brian Vaccaro...
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Is Now The Time To Buy Starbucks Stock? 6 Analysts Weigh In On Drop
Wednesday, January 27, 2021 - 5:51pm | 880Read More...Starbucks Corporation (NASDAQ: SBUX) reported Tuesday afternoon with mixed fiscal first-quarter results highlighted by a 5% U.S. same-store sales decline. The coffee chain posted a revenue miss, but EPS beat. Here's how six Starbucks sell-side analysts reacted to the print. The Starbucks...
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McDonald's Offers The Most Visible Top-Line Growth Story In Fast Food, Analyst Says
Tuesday, January 5, 2021 - 11:35am | 290Read More...McDonald's Corp (NYSE: MCD) offers investors one of the most visible top-line growth stories in the global fast-food category, according to Wedbush. The McDonald's Analyst: Nick Setyan initiated coverage of McDonald's stock with an Outperform rating and $240 price target. The McDonald...
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What To Make Of Darden's Earnings Report
Monday, December 21, 2020 - 12:30pm | 635Read More...Darden Restaurants, Inc. (NYSE: DRI) reported mixed fiscal second-quarter results and analysts are mixed on the Olive Garden parent company's outlook. The Analyst: Wedbush analyst Nick Setyan maintains a Neutral rating on Darden's stock with a price target lifted from $115 to...
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The Street Reacts To Chipotle's Q3 Earnings: Costs Heading 'In The Right Direction'
Thursday, October 22, 2020 - 1:46pm | 804Read More...Chipotle Mexican Grill, Inc. (NYSE: CMG) reported third-quarter results highlighted by a strong 14.1% sales growth but soaring demand for delivery is impacting profits. Chipotle reported quarterly earnings of $3.76 per share, which beat the analyst consensus estimate of $3.40 by 10.6%. The...
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Shake Shack Can Grow In A Post-COVID World, Wedbush Says In Upgrade
Thursday, August 20, 2020 - 12:16pm | 354Read More...Shake Shack Inc (NYSE: SHAK) could exit the COVID-19 pandemic with an even better growth story than it offered investors prior to the pandemic, according to Wedbush. The Shake Shack Analyst: Nick Setyan upgraded Shake Shack's stock from Neutral to Outperform with a price target lifted from $53...
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Starbucks Analysts Stick To Sidelines After Q3 Print, Break Down COVID-19 Impact On Coffee Chain
Wednesday, July 29, 2020 - 12:43pm | 915Read More...Starbucks Corporation's (NASDAQ: SBUX) third-quarter report quantified the impact of the COVID-19 pandemic on the coffee chain. Starbucks said Tuesday that its fiscal third quarter revenue was down 38% year-over-year to $4.2 billion, and the company posted a net loss of $678.4 million...
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The Street Debates Chipotle Mexican Grill's Q2 Results, Digital Sales
Thursday, July 23, 2020 - 3:21pm | 760Read More...Casual fast food chain Chipotle Mexican Grill, Inc. (NYSE: CMG) reported second-quarter results Wednesday that were highlighted by sequentially improving same-store sales metrics in June and July. Here's how the Street reacted. The Chipotle Analysts Longbow Research analyst...
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Papa John's Deserves An Expanding Multiple, Wedbush Says In Bullish Initiation
Wednesday, July 1, 2020 - 11:13am | 391Read More...Pizza chain Papa John's Int'l, Inc. (NASDAQ: PZZA) deserves credit for rolling out a turnaround plan that started to show signs of success prior to the COVID-19 pandemic, according to Wedbush. The Papa John's Analyst: Nick Setyan initiated coverage of Papa John's' stock with an...
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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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7 Starbucks Analysts On How The Coffee Giant Is Weathering A Pandemic
Wednesday, April 29, 2020 - 3:29pm | 1160Read More...Global coffee chain Starbucks Corporation (NASDAQ: SBUX) reported second-quarter results Tuesday that were notable for the disruption to its business from the coronavirus pandemic. Here's how the Street reacted. The Starbucks Analysts Oppenheimer analyst Brian Bittner maintained...
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3 Expert Reactions To Chipotle's Q1 Print
Wednesday, April 22, 2020 - 4:27pm | 629Read More...Chipotle Mexican Grill, Inc.'s (NASDAQ: CMG) first-quarter results earned praise from analysts and investors, as the stock traded higher by more than 12%. Chipotle reported quarterly earnings of $3.08 per share, which beat the analyst consensus estimate of $2.90. The company reported quarterly...
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Analyst Says Wendys Can 'Navigate' Through Coronavirus, Upgrades Stock
Tuesday, March 31, 2020 - 2:20pm | 347Read More...Wendys Co (NASDAQ: WEN) appears to be mostly insulated from coronavirus-induced headwinds and is well positioned to grow once the pandemic is resolved, according to Wedbush. The Wendys Analyst Nick Setyan upgraded Wendys from Neutral to Outperform with a price target lifted from $22 to $21. The...
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Wall Street Weighs Starbucks Coronavirus Guidance Update: 'A Little Good, A Little Bad'
Friday, March 6, 2020 - 3:54pm | 867Read More...Starbucks Corporation (NASDAQ: SBUX) provided its investors with an update on its business Thursday in the wake of the global coronavirus outbreak, and the picture wasn’t pretty. Starbucks said it is expecting a 50% drop in China revenue in the first quarter due to the outbreak. Temporary...
