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Wall Street Mixed On Chipotle: More Educated Customer Base And Food With Integrity Branding Complicates
Monday, December 7, 2015 - 10:05am | 1019Read More...Shares of Chipotle Mexican Grill, Inc. (NYSE: CMG) plunged nearly 10 percent early Monday morning and fell below its prior 52-week low of $532.03. Chipotle provided guidance on Friday and expects to earn $2.45 to $2.85 in the fourth quarter (versus estimates of $4.41) as the impact from the recent...
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Are Analysts Buying McDonald's After Its Investor Day Presentation?
Wednesday, November 11, 2015 - 3:02pm | 817Read More...Shares of McDonald's Corporation (NYSE: MCD) hit a new 52-week high of $114.99 on Friday. McDonald's hosted an Investor Day presentation and released a press release titled "Executing The Turnaround Plan." Wall Street analysts were mostly positive following the presentation, although valuation was...
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What Everyone Is Saying About Chipotle After The Earnings Crash
Wednesday, October 21, 2015 - 11:45am | 894Read More...Shares of Chipotle Mexican Grill, Inc. (NYSE: CMG) plunged more than 7 percent after Wednesday's opening bell. Chipotle reported its third-quarter results on Tuesday. The company earned $4.59 per share, short of the $4.63 analysts were expecting; forward looking guidance also fell short of...
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Wall Street Can't Reach A Consensus On Yum! Brands
Wednesday, October 7, 2015 - 11:04am | 1161Read More...Shares of Yum! Brands, Inc. (NYSE: YUM) were trading lower by 16 percent shortly after Wednesday's opening bell. Yum Brands reported it earned $1.00 per share on revenue of $3.427 billion, well below the Street's estimates of $1.07 per share and $3.684 billion in revenue. The...
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Barclays Predicts Restaurant Rebound
Monday, July 13, 2015 - 1:18pm | 404Read More...In a report published Monday, Barclays analyst Jeffrey Bernstein explored the U.S. Restaurant sector, noting that outperformance relative to the S&P 500 has been "muted" in the second quarter and will continue for the near-term, before outperformance resumes later on in the year...
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Barclays Starts Wingstop At Equal-Weight, Says Valuation Keeps It Cautious
Tuesday, July 7, 2015 - 7:15am | 171Read More...In a report published Tuesday, Barclays analyst Jeffrey A. Bernstein initiated coverage of Wingstop Inc (NASDAQ: WING) with an Equal-Weight rating and $25 price target. The analyst believes that the stock offers "industry leading" fundamentals, driven by double-digit comp and unit growth for the...
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Barclays Calls Starbucks' Quarter 'Stunning'
Friday, April 24, 2015 - 10:58am | 357Read More...In a report published Friday, Barclays analyst Jeffrey Bernstein commented on Starbucks Corporation (NASDAQ: SBUX)'s second quarter results, which were "stunning," led by upside to comps in the core Americas and U.S. Bernstein noted that Starbucks' second quarter Americas comp...
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Analysts Boost Targets On BJ's Restaurants
Thursday, February 19, 2015 - 4:04pm | 292Read More...BJ's Restaurants, Inc. (NASDAQ: BJRI) shares jumped Thursday after the company beat fourth-quarter profit expectations by 14 percent and analysts raised their targets. The restaurant chain traded recently at $54.43, up 16 percent. Stifel's Michael Olsen boosted his target 9 percent to...
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What 3 Analysts Think Of Jack In The Box's Q1 Print
Wednesday, February 18, 2015 - 2:26pm | 491Read More...Following Jack in the Box Inc. (NASDAQ: JACK) first quarter print on Tuesday, several analysts offered their opinion. Shares traded recently at $93.92, up 6.5 percent. Barclays: Déjà Vu, Again In a report published Wednesday, Barclays analyst Jeffrey Bernstein said that Jack...
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Barclays' Views Diverge On 2 Sinking Restaurant Stocks, Still Wary On Whole Foods
Thursday, February 12, 2015 - 3:32pm | 252Read More...Disappointing results from a couple of restaurant companies drove their shares down Thursday while a premium grocer's performance gave its stock a boost. But Barclays analyst Jeffrey Bernstein praised Panera Bread Co (NASDAQ: PNRA) while panning Cheesecake Factory Inc (NASDAQ: CAKE). Separately,...
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Barclays: Dunkin' Brands Attractive Following Pullback
Wednesday, August 20, 2014 - 1:02pm | 261Read More...Shares of Dunkin' Brands (NASDAQ: DNKN) peaked at $53.05 per share back in March and have since been underperforming the Nasdaq, S&P 500 and Dow Jones indices. In a note to clients on Wednesday, analysts at Barclays find the pullback in shares to be "compelling." "We've always been intrigued by...
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Barclays Sees Multiple Expansion On Panera Turnaround
Wednesday, August 20, 2014 - 12:00pm | 244Read More...Despite an upgrade by Barclays from Equal-Weight to Overweight and price target increase from $165 to $175, Panera Bread (NASDAQ: PNRA) shares are trading lower. “Brand Investments (i.e., PNRA 2.0) are Large, But Rewards are Likely Larger,” begins analyst Jeffrey Bernstein....
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Barclays: Chipotle 'Remains An Anomaly'
Tuesday, July 22, 2014 - 11:26am | 302Read More...Jeffrey Bernstein of Barclays was not shy with his opinion on Chipotle Mexican Grill’s (NYSE: CMG) earnings results, titling his note, “2Q14 Very Impressive… Higher Highs.” Growth Bernstein wrote, “CMG continues to impress, with fundamentals unmatched in the...
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Analyst Picks Fast Food Stocks (MCD, CMG, PNRA, APPB, EAT, YUM)
Tuesday, March 9, 2010 - 11:24am | 149Read More...Old Fast Food players are vying against more upscale chains, which are slashing prices. Jeffrey Bernstein, senior restaurant analyst at Barclays Capital, has given his view on the matter. Bernstein said McDonald’s (NYSE: MCD) has handled the situation the best, but faces stiff competition from the...
