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Piper Jaffray Upgrades McDonalds To Overweight
Thursday, August 4, 2011 - 7:26am | 67According to Piper Jaffray, McDonalds (NYSE: MCD) is upgraded to Overweight. Piper Jaffray said that upon conclusion of its proprietary July traffic analysis it is increasing its U.S. 3Q11 comp estimate to +5.0% (from +3.0%). “We are also upgrading our rating on MCD shares to Overweight (from...
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Piper Jaffray Upgrades McDonald's To Overweight, Raises PT To $98
Thursday, August 4, 2011 - 6:46am | 27Piper Jaffray has upgraded McDonald's (NYSE: MCD) from Neutral to Overweight and has raised the price target from $87 to $98.
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Jefferies Raises PT on Caribou Coffee To $17
Thursday, August 4, 2011 - 6:28am | 27Jefferies & Company has raised the price target on Caribou Coffee (NASDAQ: CBOU) from $14 to $17 and maintains its Buy rating.
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Caribou Coffee Expands Under New Partnership With CROSSMARK
Wednesday, August 3, 2011 - 4:00pm | 29Caribou Coffee (NASDAQ: CBOU) announced today its partnership with CROSSMARK to assist Caribou with the expansion of their packaged coffee business.
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Stifel Nicolaus Raises PT on Peet's Coffee & Tea to $72
Wednesday, August 3, 2011 - 9:53am | 94Stifel Nicolaus is out with its report today on Peet's Coffee & Tea (NASDAQ: PEET), raising its PT from $60 to $72. In its report, Stifel Nicolaus writes, "We reiterate our Buy rating and raise our target price to $72 based on shares trading at 34x our 2012 EPS estimate $2.10, as Peet's...
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BGB Securities Raises PT on Denny's to $5.50
Wednesday, August 3, 2011 - 9:26am | 26BGB Securities has raised the price target on Denny's (NASDAQ: DENN) from $5 to $5.50 and maintains its Buy rating.
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UPDATE: Morgan Keegan Upgrades DineEquity to Outperform
Wednesday, August 3, 2011 - 9:21am | 71Morgan Keegan is out with its report today on DineEquity (NYSE: DIN), upgrading DIN to Outperform. In its report, Morgan Keegan writes, "Given yesterday's 18+% sell off on largely in line Q2 results combined with our comfort in our $55 PT assuming 9x 2012 EV/EBITDA, we believe the current risk/...
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Last Nights Headlines, Morning Action August 3
Wednesday, August 3, 2011 - 8:37am | 294AM Action: (GLD), (SLV) Up on the overnight session and off highs after a better than expected ADP report (ILMN) Illumina Inc. 100 million repurchase Peet's Coffee (PEET) Ttarget raised to $72 from $60 at Stifel Nicolaus Micro Strategy (MSTR) Off 15 points pre market on a bad miss Last Nights...
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Morgan Keegan Upgrades DineEquity To Outperform, $55 PT
Wednesday, August 3, 2011 - 8:13am | 26Morgan Keegan has upgraded DineEquity (NYSE: DIN) from Market Perform to Outperform and has established a $55 price target.
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UPDATE: Piper Jaffray Raising Price Target On Peet's Coffee & Tea
Wednesday, August 3, 2011 - 7:35am | 161Piper Jaffray is out with a research report on Peet's Coffee & Tea (NASDAQ: PEET) after it reported earnings and it is raising its price target to $57 from $46, and it has a Neutral rating after it reported earnings. In a note to clients, Piper Jaffray writes, "Peet's delivered operating EPS...
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Piper Jaffray Raises PT On Peet's Coffee & Tea To $57
Wednesday, August 3, 2011 - 6:24am | 28Piper Jaffray has raised the price target on Peet's Coffee & Tea (NASDAQ: PEET) from $46 to $57 and maintains its Neutral rating.
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Stocks to Watch for Wednesday 8/03/2011: Fresh 52 Week Highs and Lows
Wednesday, August 3, 2011 - 1:05am | 5002Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels and exit/entry points become more clearly defined. The following stocks hit new 52-week highs in Monday's trading session (listed from highest total volume to...
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DineEquity Down Nearly 16% on Earnings Miss
Tuesday, August 2, 2011 - 11:01am | 35DineEquity (NYSE: DIN) is down nearly 16% on the earnings miss this morning. The company missed EPS estimates by $0.12. DineEquity is currently trading at $45.10, a loss of $8.45 or 15.78%.
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JP Morgan Reiterates Overweight on Texas Roadhouse, Raises PT to $20
Tuesday, August 2, 2011 - 7:21am | 63JP Morgan reiterated its Overweight rating on Texas Roadhouse (NASDAQ: TXRH). At the same time, the rating agency raised its price target on the company's stock from $18 to $20. On Monday, TXRH added 0.64% to its value to finish the day at $16.52. Its shares are having a difficult session in today'...
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US Stock Futures Signal Lower Start On Wall Street
Tuesday, August 2, 2011 - 6:29am | 518US stock futures are lower this morning. Futures for the Dow Jones Industrial Average dipped 49 points to 11,991.00 and S&P 500 index futures fell 6.50 points to 1,273.20. Nasdaq 100 futures dropped 10.25 points to 2,335.75. US stocks closed lower on Monday, with the Dow Jones Industrial...