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Wall Street analysts have been busy boosting ratings and price targets on restaurant stocks over the last month in preparation for the expected boom in on-premise dining this spring and summer. The renewed interest in restaurant stocks also prompted AdvisorShares to launch a new restaurant ET...
Deutsche Bank lowers its rating on Jack in the Box (JACK) to Hold from Buy as its takes a more cautious view of the risk-reward profile at the current share price level. The firm says it is not making a negative call on the stock, but is adjusting expectations after a 26% YTD rally pushed JAC...
David Einhorn's 13F stock portfolio value increased from $1.22B to $1.66B this quarter. Greenlight increased Atlas Air Worldwide, Teck Resources, and Resideo Technologies while reducing AerCap Holdings, Chemours, and NCR Corp. during the quarter. The largest three positions are at...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips The stock market just celebrated a particularly important one-year anniversary. And by some accounts, the honeymoon isn’t over. But in a market made up of stocks, some of 2020’s top stocks have become less-fri...
Wedbush Securities adds Wendy's (WEN) to its Best Ideas list to replace Jack in The Box (JACK). Analyst Nick Setyan thinks investor sentiment on Wendy's is too negative and points to the attractive 5.8% free cash flow yield. Setyan and team keep an Outperform rating on JACK while noting a val...
Potbelly ([[PBPB]] +15.5%) and Shake Shack ([[SHAK]] +6.0%) are two of the big gainers in the restaurant sector on more anecdotal reports of increased dine-in traffic and further loosening of restaurant capacity restrictions in locations like Nevada, New York and New Jersey. Gainers in the re...
F1Q2021 revenues of ~$339 million were ahead of analyst projections by ~$1 million. EPS of $2.21 beat consensus estimates by $0.44. Strong system sales growth was driven by: menu innovation and consistently superior customer service. We’re maintaining our 1-year Price T...
Jack in the Box Inc. (NASDAQ: JACK) will participate in an upcoming investment conference. The date of the presentation is: March 11, 2021, 11:30 am PT – Bank of America Securities 2021 Virtual Consumer & Retail Technology Conference To access the live webcast of ...
Following the arrival of coronavirus vaccines, the restaurant industry has stabilized and consumers are gradually returning to dine-in restaurants. However, despite being a major fast food restaurant chain, Chipotle Mexican Grill (CMG) doesn’t look well positioned to benefit from the i...
Image source: The Motley Fool. Jack In The Box Inc (NASDAQ: JACK) Q1 2021 Earnings Call Feb 18, 2021 , 11:30 a.m. ET Operator Continue reading For further details see: Jack In The Box Inc (JACK) Q1 2021 Earnings Call Transcript
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New markets include Virginia and Florida, with a New Multi-Unit Commitment for 7 Restaurants in North Carolina & South Carolina Del Taco, the nation’s second largest Mexican quick-service restaurant by number of units, today announced continued new market sales momentum wit...
2024-07-12 14:24:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
LAKE FOREST, Calif., July 11, 2024 (GLOBE NEWSWIRE) -- In an era where customers are struggling to find high-quality fast-food options at affordable prices, Del Taco , the nation’s second-largest Mexican quick service restaurant**, is aiming to deliver on its promise of providi...