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McDonalds Hits New 52-Week High at $86.80
Thursday, July 21, 2011 - 8:52am | 75Many traders and investors see the 52-week high or low as an important indicator. Stocks that have a long-term trend in a certain direction are likely to continue, as that trend is the path of least resistance. In this case, shares of McDonalds (NYSE: MCD) are hitting new 52-week highs. Traders...
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Piper Jaffray Reiterates Neutral and PT of $30 on Cheesecake Factory
Thursday, July 21, 2011 - 8:46am | 56Piper Jaffray reiterated its Neutral rating on Cheesecake Factory (NASDAQ: CAKE). At the same time, the rating agency left its price target on the company's stock unchanged at $30. On Wednesday, CAKE closed the day at $32.69. Its shares lost 4.1% of their value in today's pre-market trading to...
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JP Morgan Raises PT On CAKE To $35
Thursday, July 21, 2011 - 7:35am | 28JP Morgan has raised the price target on The Cheesecake Factory (NASDAQ: CAKE) from $32 to $35 and maintains its Neutral rating.
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Jefferies Increases Cheesecake Factory Price Target To $30
Thursday, July 21, 2011 - 7:30am | 76According to Jefferies, the Cheesecake Factory (NASDAQ: CAKE) price target is increased to $30. Jefferies said that EPS $0.42 vs. the $0.40 & cons $0.42 as solid cost control offset rising food cost infl (guide raised to 4%). “PT of $30 based on 16x '12E EPS (17x NTM P/E, which is slightly...
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Jefferies PT Changes For 7/21, Part 2
Thursday, July 21, 2011 - 6:41am | 191Jefferies & Company has changed the price target on the following companies: Hansen Natural Corp. (NASDAQ: HANS) Buy, PT from $85.00 to $90.00 Mattel, Inc. (NASDAQ: MAT) Buy, PT from $31.00 to $33.00 Nalco Holding (NYSE: NLC) Hold, PT from $30.00 to $38.80 Northern Trust (NASDAQ: NTRS) Hold...
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Earnings Scheduled For July 21
Thursday, July 21, 2011 - 3:30am | 479Advanced Micro Devices Inc (NYSE: AMD) is expected to report its Q2 EPS at $0.08 on revenue of $1.58 billion. Pepsico Inc (NYSE: PEP) is projected to report its Q2 EPS at $1.21 on revenue of $16.41 billion. Eli Lilly and Company (NYSE: LLY) is projected to report its Q2 EPS at $1.17 on revenue...
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Fast Money Picks For July 21st (QCOM, MCD, RHI, LVS, TCK)
Wednesday, July 20, 2011 - 7:08pm | 212On CNBC's Fast Money, Stephen Weiss said that he has a long position in QUALCOMM, Inc. (NASDAQ: QCOM). He is bullish on this stock. QUALCOMM, Inc. (QCOM) gained 0.56% in the regular trading session, and it dropped 2.62% in the after hours. Joe Terranova thinks that you should buy McDonald's...
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Venus Williams Joins Jamba Juice as Celebrity Spokesperson and Franchise Owner
Wednesday, July 20, 2011 - 12:27pm | 60Venus Williams has teamed up with Jamba Juice (NASDAQ: JMBA) to promote the healthy, active lifestyle brand as celebrity spokesperson for the brand. Ms. Williams is also a Jamba Juice franchise store owner and has plans to open five stores in the Washington D.C. Metro Area over the next two years.
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NASDAQ Stocks Hitting 52-Week Highs
Wednesday, July 20, 2011 - 10:17am | 126Apple Inc (NASDAQ: AAPL) shares rose 3.38% to create a new 52-week high of $389.60. AAPL reported upbeat quarterly results. Crosstex Energy Inc (NASDAQ: XTXI) shares gained 0.96% to create a new 52-week high of $13.70. XTXI declared rise in quarterly distribution and dividend. Kona Grill Inc (...
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Stifel Nicolaus Updates 7/20/11
Wednesday, July 20, 2011 - 8:38am | 335Stifel Nicolaus made a number of updates in a research report published today. Corporate Office Properties Trust (NYSE: OFC) had its rating upgraded from Sell to Buy. At the same time, its price target was put to $33. On Tuesday, OFC closed the day at $30.34. Fortinet, Inc. (NASDAQ: FTNT) had its...
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Stifel Nicolaus Raises PT on Chipotle Mexican Grill To $400
Wednesday, July 20, 2011 - 8:15am | 28Stifel Nicolaus has raised the price target on Chipotle Mexican Grill (NYSE: CMG) from $320 to $400 and maintains its Buy rating.
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Bank of America Merrill Lynch Raises CMG Price Objective to $335
Wednesday, July 20, 2011 - 8:10am | 86Bank of America Merrill Lynch raises the Price Objective on Chipotle Mexican Grill (NYSE: CMG) from $326 to $335 a share. According to the report, "We continue to rate CMG shares Neutral but are raising our price objective from $326 to $335 based on higher EPS estimates supported by a 4.5% price...
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Deutsche Bank Maintains Hold Rating On Chipotle Mexican Grill
Wednesday, July 20, 2011 - 7:48am | 76According to Deutsche Bank, Chipotle Mexican Grill (NYSE: CMG) shares are likely to trade down modestly on the slight miss on 2Q EPS. Deutsche Bank said that the share weakness is likely to be mitigated by the continued strong traffic growth and a more aggressive stance on pricing, causing us to...
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J.P. Morgan Raises Estimates In Chipotle Mexican Grill
Wednesday, July 20, 2011 - 7:23am | 76According to J.P. Morgan, Chipotle Mexican Grill (NYSE: CMG) posted 2Q EPS of $1.64 (excluding 5c TV concept investment charge) vs. $1.46 last year, its $1.66 expectation, and Bloomberg consensus of $1.67. J.P. Morgan said that comps of 10% helped EPS by $0.08, accelerating vs. 1Q11's 12.4%...
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UPDATE: Piper Jaffray Raises PT on Chipotle to $352.00
Wednesday, July 20, 2011 - 7:23am | 121Piper Jaffray has published a report on Chipotle (NYSE: CMG) raising the price target to $352.00 from $310.00. In the report, Piper Jaffray wrote, "Chipotle's 2Q11 SSS were better-than-expected at +10% (vs. our +6.0%), and even more impressive given the increase was largely traffic driven. That...