Breaking News Instant updates and real-time market news.

CMG

Chipotle

$314.17

2.68 (0.86%)

07:28
10/13/17
10/13
07:28
10/13/17
07:28

Chipotle valuation 'increasingly challenging to justify,' says Wells Fargo

In a research note titled "We Think Queso Failed To Add The Zest To 3Q SSS Many Investors Craved," Wells Fargo analyst Jeff Farmer says Chipotle Mexican Grill's "premium valuation as increasingly challenging to justify." Lingering food safety concerns and a "perceived lukewarm initial consumer reception" to Chipotle's first TV-backed new product launch, queso, indicate another quarter of "underwhelming" average unit volume recovery and "sizable" downward earnings risk to 2018 and 2019 estimates, Farmer argues. He models Q3 same-store-sales being down 0.2%, versus the consensus expectations of up 2.0%. Chipotle reports Q3 results on October 24. Farmer keeps a Market Perform rating on Chipotle shares.

  • 24

    Oct

CMG Chipotle
$314.17

2.68 (0.86%)

10/11/17
WEDB
10/11/17
NO CHANGE
Target $290
WEDB
Neutral
Chipotle price target lowered to $290 from $350 at Wedbush
Wedbush analyst Nick Setyan lowered his price target for Chipotle to $290 from $350 saying his checks indicate "queso" is helping, but quarter still likely below consensus. The analyst reiterates a Neutral rating on the shares.
10/06/17
COWN
10/06/17
NO CHANGE
Target $250
COWN
Underperform
Chipotle sales trends soften further to end Q3, says Cowen
Cowen analyst Andrew Charles said his checks on Chipotle suggests the traffic lift caused by the national launch of its queso topped out at the end of the first week and then continued to soften. He said the trends show sales softened further to end the third quarter, suggesting value perceptions are near trough levels. Charles reiterated his Underperform rating and $250 price target on Chipotle shares.
10/03/17
BTIG
10/03/17
NO CHANGE
BTIG
Chipotle estimates lowered at BTIG
BTIG analyst Peter Saleh lowered his Q3 SSS estimate for Chipotle to 0.5% from 3%, citing the impact of the norovirus incident at the company's restaurant in July. The analyst says that any impact from the company's launch of its Queso product will probably be "fairly modest" as consumers appear to have a "fairly negative" view of it, according to the analyst. He lowered his Q3 EPS estimate for the company to $1.72 from $2.05 and keeps a Neutral rating on the stock.
10/03/17
BARD
10/03/17
NO CHANGE
Target $340
BARD
Neutral
Chipotle beginning to look interesting for long-term investors, says Baird
Baird analyst David Tarantino said the risk/reward of Chipotle is starting to look more interesting for patient, long-term investors following the stock's extended pullback. He said he is hesitating to raise his rating in the near-term due to risk of sluggish sales trends leading to further downward revision to consensus estimates, keeping a lid on sentiment in the short run. Tarantino maintained his Neutral rating and lowered his price target to $340 from $385 on Chipotle shares.

TODAY'S FREE FLY STORIES

MDXG

MiMedx

$9.05

0.3 (3.43%)

10:00
02/22/18
02/22
10:00
02/22/18
10:00
Options
Morning put buyers in MiMedx and implied volatility reaches 52-week highs »

Morning put buyers in…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 14

    Mar

MANT

ManTech

$53.62

0.72 (1.36%)

09:56
02/22/18
02/22
09:56
02/22/18
09:56
Recommendations
ManTech analyst commentary  »

ManTech price target…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 28

    Mar

  • 29

    Mar

BX

Blackstone

$34.02

-0.02 (-0.06%)

09:55
02/22/18
02/22
09:55
02/22/18
09:55
Options
Blackstone put volume heavy and directionally bearish »

Bearish flow noted in…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

09:55
02/22/18
02/22
09:55
02/22/18
09:55
General news
Bloomberg Consumer Comfort Index Level data reported »

Week of 2/18 Bloomberg…

FTI

TechnipFMC

$30.98

1.89 (6.50%)

, PWR

Quanta Services

$36.68

1.84 (5.28%)

09:55
02/22/18
02/22
09:55
02/22/18
09:55
Options
Early notable gainers among liquid option names on February 22nd »

Notable gainers among…

FTI

TechnipFMC

$30.98

1.89 (6.50%)

PWR

Quanta Services

$36.68

1.84 (5.28%)

SCG

Scana

$36.91

0.62 (1.71%)

UTX

United Technologies

$132.94

3.68 (2.85%)

RIG

Transocean

$9.28

0.274 (3.04%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Feb

  • 22

    Feb

  • 28

    Feb

  • 16

    Mar

ASND

Ascendis Pharma

$58.00

-1 (-1.69%)

09:55
02/22/18
02/22
09:55
02/22/18
09:55
Conference/Events
Ascendis Pharma to participate in a conference call with JPMorgan »

Management investor…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Feb

HD

Home Depot

$183.67

0.6102 (0.33%)

09:53
02/22/18
02/22
09:53
02/22/18
09:53
Recommendations
Home Depot analyst commentary  »

Home Depot price target…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 30

    May

DIS

Disney

$105.78

0.725 (0.69%)

, APO

Apollo Global

$34.00

0.16 (0.47%)

09:52
02/22/18
02/22
09:52
02/22/18
09:52
Periodicals
Judge says Disney misused 'Star Wars' copyrights, Hollywood Reporter reports »

A California federal…

DIS

Disney

$105.78

0.725 (0.69%)

APO

Apollo Global

$34.00

0.16 (0.47%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 23

    Feb

  • 26

    Feb

  • 01

    Mar

  • 06

    Mar

  • 07

    Mar

LEXEB

Liberty Expedia Holdings

09:50
02/22/18
02/22
09:50
02/22/18
09:50
Hot Stocks
Breaking Hot Stocks news story on Liberty Expedia Holdings  »

Liberty Expedia Holdings…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

WEN

Wendy's

$16.22

0.12 (0.75%)

09:47
02/22/18
02/22
09:47
02/22/18
09:47
Hot Stocks
Wendy's says testing expanded value menu »

Says raised menu prices…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Feb

  • 07

    Mar

  • 30

    May

TMUS

T-Mobile

$59.42

-1.09 (-1.80%)

, DTEGY

Deutsche Telekom

$16.20

-0.07 (-0.43%)

09:47
02/22/18
02/22
09:47
02/22/18
09:47
Hot Stocks
Deutsche Telekom buys 230K shares of T-Mobile common stock »

In a regulatory filing,…

TMUS

T-Mobile

$59.42

-1.09 (-1.80%)

DTEGY

Deutsche Telekom

$16.20

-0.07 (-0.43%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Feb

  • 23

    Feb

  • 26

    Feb

  • 26

    Feb

  • 05

    Mar

LEXEB

Liberty Expedia Holdings

09:45
02/22/18
02/22
09:45
02/22/18
09:45
Hot Stocks
Breaking Hot Stocks news story on Liberty Expedia Holdings  »

Liberty Expedia Holdings…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

OC

Owens Corning

09:45
02/22/18
02/22
09:45
02/22/18
09:45
Recommendations
Owens Corning analyst commentary  »

Owens Corning price…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

09:45
02/22/18
02/22
09:45
02/22/18
09:45
General news
U.S. leading indicators preview: »

U.S. leading indicators…

09:45
02/22/18
02/22
09:45
02/22/18
09:45
General news
Breaking General news story  »

New York Federal Reserve…

09:45
02/22/18
02/22
09:45
02/22/18
09:45
General news
Leading Indicators to be reported at 10:00 »

January Leading…

SNAP

Snap

09:43
02/22/18
02/22
09:43
02/22/18
09:43
Hot Stocks
Snap slips after Kylie Jenner critique »

Early weakness in shares…Reference Link

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 23

    Feb

  • 07

    Mar

STMP

Stamps.com

$184.95

-5.1 (-2.68%)

09:43
02/22/18
02/22
09:43
02/22/18
09:43
Recommendations
Stamps.com analyst commentary  »

Stamps.com price target…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 26

    Feb

  • 11

    Mar

  • 23

    May

PG

Procter & Gamble

09:42
02/22/18
02/22
09:42
02/22/18
09:42
Hot Stocks
Procter & Gamble: 'Progress will not come in a straight line' »

Says…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Feb

  • 07

    Mar

HST

Host Hotels

, AOBC

American Outdoor Brands

$10.06

-0.12 (-1.18%)

09:40
02/22/18
02/22
09:40
02/22/18
09:40
Options
Unusually active option classes on open February 22nd »

Unusual total active…

HST

Host Hotels

AOBC

American Outdoor Brands

$10.06

-0.12 (-1.18%)

NXPI

NXP Semiconductors

$125.60

0.04 (0.03%)

TMUS

T-Mobile

$59.42

-1.09 (-1.80%)

CHK

Chesapeake

P

Pandora

WMT

Walmart

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Feb

  • 22

    Feb

  • 22

    Feb

  • 23

    Feb

  • 23

    Feb

  • 25

    Feb

  • 26

    Feb

  • 26

    Feb

  • 28

    Feb

  • 01

    Mar

  • 05

    Mar

  • 07

    Mar

  • 18

    Mar

  • 22

    Mar

  • 23

    Mar

  • 27

    Mar

  • 28

    Mar

LMFA

LM Funding

$1.51

0.08 (5.59%)

, LFIN

Longfin

$34.20

-2.03 (-5.60%)

09:38
02/22/18
02/22
09:38
02/22/18
09:38
Periodicals
LM Funding takeover rumors discussed in web report »

The "GrooveVC"…

LMFA

LM Funding

$1.51

0.08 (5.59%)

LFIN

Longfin

$34.20

-2.03 (-5.60%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

QTS

QTS Realty Trust

09:37
02/22/18
02/22
09:37
02/22/18
09:37
Recommendations
QTS Realty Trust analyst commentary  »

QTS Realty Trust price…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 26

    Feb

  • 04

    Mar

  • 05

    Mar

  • 15

    Mar

  • 03

    Apr

FSLR

First Solar

09:36
02/22/18
02/22
09:36
02/22/18
09:36
Downgrade
First Solar rating change  »

First Solar downgraded to…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Feb

  • 15

    Mar

AVGO

Broadcom

$248.62

-1 (-0.40%)

, QCOM

Qualcomm

$63.40

-0.59 (-0.92%)

09:36
02/22/18
02/22
09:36
02/22/18
09:36
Recommendations
Broadcom, Qualcomm, Xilinx, Analog Devices, Maxim Integrated, Marvell, Microsemi analyst commentary  »

RBC finds takeover…

AVGO

Broadcom

$248.62

-1 (-0.40%)

QCOM

Qualcomm

$63.40

-0.59 (-0.92%)

XLNX

Xilinx

$68.46

-0.73 (-1.06%)

ADI

Analog Devices

MXIM

Maxim Integrated

$61.75

-0.37 (-0.60%)

MRVL

Marvell

$23.19

-0.01 (-0.04%)

MSCC

Microsemi

$60.94

-0.52 (-0.85%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 26

    Feb

  • 26

    Feb

  • 28

    Feb

  • 06

    Mar

  • 08

    Mar

  • 22

    Mar

IDGX

AltheaDx

09:35
02/22/18
02/22
09:35
02/22/18
09:35
Initiation
AltheaDx initiated  »

AltheaDx initiated with a…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.