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UPDATE: RBC Capital Markets Initiates Coverage on Wendy's on Valuation, Uncertain Sales Trajectory
Friday, November 8, 2013 - 11:57am | 110Read More...In a report published Friday, RBC Capital Markets analyst David Palmer initiated coverage on The Wendy's Company (NASDAQ: WEN) with a Sector Perform rating and $8.50 price target. In the report, RBC Capital Markets noted, “Wendy's challenge as a mature concept will be to stay relevant in the eyes...
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UPDATE: RBC Capital Markets Initiates Coverage on Texas Roadhouse on Positive Growth Outlook, Premium Valuation
Friday, November 8, 2013 - 11:56am | 115Read More...In a report published Friday, RBC Capital Markets analyst David Palmer initiated coverage on Texas Roadhouse (NASDAQ: TXRH) with an Outperform rating and $32.00 price target. In the report, RBC Capital Markets noted, “We believe Texas Roadhouse delivers a combination of employee incentives, high...
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UPDATE: RBC Capital Markets Initiates Coverage on Starbucks on Positive Growth Outlook
Friday, November 8, 2013 - 11:55am | 109Read More...In a report published Friday, RBC Capital Markets analyst David Palmer initiated coverage on Starbucks Corporation (NASDAQ: SBUX) with an Outperform rating and $90.00 price target. In the report, RBC Capital Markets noted, “Starbucks's stock has revalued in recent quarters as its SSS growth...
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UPDATE: RBC Capital Markets Initiates Coverage on Noodles & Co. on Multiple Reasons to Feel Confident
Friday, November 8, 2013 - 11:53am | 118Read More...In a report published Friday, RBC Capital Markets analyst David Palmer initiated coverage on Noodles & Co. (NASDAQ: NDLS) with a Sector Perform rating and $45.00 price target. In the report, RBC Capital Markets noted, “We see many reasons to feel confident in long-term EPS growth of ~25%....
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UPDATE: RBC Capital Markets Initiates Coverage on McDonald's on Positive Factors, Potential Constraints Ahead
Friday, November 8, 2013 - 11:52am | 106Read More...In a report published Friday, RBC Capital Markets analyst David Palmer initiated coverage on McDonald's Corporation (NYSE: MCD) with a Sector Perform rating and $100.00 price target. In the report, RBC Capital Markets noted, “McDonald's brand position, format (e.g. drive-thru), scale and rent/...
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UPDATE: RBC Capital Markets Initiates Coverage on Dunkin' Brands on Multiple Positive Factors
Friday, November 8, 2013 - 11:42am | 110Read More...In a report published Friday, RBC Capital Markets analyst David Palmer initiated coverage on Dunkin' Brands Group (NASDAQ: DNKN) with an Outperform rating and $57.00 price target. In the report, RBC Capital Markets noted, “We believe the launch of digital loyalty in 1Q14, together with ongoing...
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UPDATE: RBC Capital Markets Initiates Coverage on Darden Restaurants on Modest Upside, Long-Term Opportunities
Friday, November 8, 2013 - 11:41am | 115Read More...In a report published Friday, RBC Capital Markets analyst David Palmer initiated coverage on Darden Restaurants (NYSE: DRI) with a Sector Perform rating and $55.00 price target. In the report, RBC Capital Markets noted, “We see modest upside in Darden's stock. While there is reason to expect...
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UPDATE: RBC Capital Markets Initiates Coverage on Chipotle Mexican Grill on Multiple Positive Factors
Friday, November 8, 2013 - 11:32am | 98Read More...In a report published Friday, RBC Capital Markets analyst David Palmer initiated coverage on Chipotle Mexican Grill (NYSE: CMG) with an Outperform rating and $620.00 price target. In the report, RBC Capital Markets noted, “We believe Chipotle's combination of high incremental returns and...
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UPDATE: RBC Capital Markets Initiates Coverage on Burger King Worldwide on Lack of Upside
Friday, November 8, 2013 - 11:31am | 101Read More...In a report published Friday, RBC Capital Markets analyst David Palmer initiated coverage on Burger King Worldwide (NYSE: BKW) with a Sector Perform rating and $22.00 price target. In the report, RBC Capital Markets noted, “Burger King's 100% franchised business model offers stability and...
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UPDATE: RBC Capital Markets Initiates Coverage on Brinker International on Positive Growth Drivers
Friday, November 8, 2013 - 11:29am | 113Read More...In a report published Friday, RBC Capital Markets analyst David Palmer initiated coverage on Brinker International (NYSE: EAT) with an Outperform rating and $50.00 price target. In the report, RBC Capital Markets noted, “We believe more relevant menu innovation and increased media weight will...
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David Palmer Endorses Yum Brands (YUM)
Wednesday, July 14, 2010 - 4:46pm | 104Read More...Yum Brands (NYSE: YUM) has released impressive quarterly results. Yum Brands is the parent company of Pizza Hut, Taco Bell and KFC. In an interview with CNBC, David Palmer, UBS senior restaurant analyst shared his views about the stock. He said, “We like the stock, particularly in the second half...
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Kraft Foods, Inc.’s (KFT) Fourth-Quarter Review
Tuesday, February 16, 2010 - 6:23pm | 148Read More...Analysts David Palmer and Jeffrey Birnbaum at UBS (NYSE: UBS) have released a report reviewing the fourth-quarter at Kraft Foods, Inc. (NYSE: KFT). The company has reported results for the fourth-quarter today. The company managed to surpass EPS expectations. However, analysts believe that...
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UBS Bullish On McDonald's (MCD)
Monday, January 25, 2010 - 10:29am | 107Read More...McDonald's (NYSE: MCD) reported better-than-expected earnings last week when it beat the market expectation of $5.94 billion in Q4 revenue. It registered $5.97 billion revenue for the quarter. Talking with CNBC, UBS senior restaurant analyst David Palmer gave a ‘buy’ rating for the stock....
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UBS Rates McDonald's (MCD) As A Buy
Friday, January 22, 2010 - 6:41pm | 109Read More...David Palmer, a senior restaurant analyst at UBS said on CNBC that he is bullish on McDonald's (NYSE: MCD). Palmer commented on the McDonald's (MCD) earnings report and said that the company is doing better than its industry peers. The good news for MCD is that the margins in the stores are holding...


