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SHAK

Shake Shack

$89.45

-2.14 (-2.34%)

, GRUB

GrubHub

$60.90

-4.625 (-7.06%)

08:57
08/15/19
08/15
08:57
08/15/19
08:57

Shake Shack price target raised to $102 from $86 at SunTrust

SunTrust analyst Jake Bartlett raised his price target on Shake Shack (SHAK) to $102 and kept his Buy rating after his investor meeting with its CEO, CFO, and members of the culinary team, saying the company is testing "new menu items, new cooking equipment and new processes. The analyst notes that Shake Shack's innovation slowed this year given the company's focus on building digital sales, but he expects LTOs to become a sales driver in 2020. Bartlett further notes that the company's shift to a single delivery partner GrubHub (GRUB) carries some "limited" near term risks but also "clear" long term benefits.

SHAK

Shake Shack

$89.45

-2.14 (-2.34%)

GRUB

GrubHub

$60.90

-4.625 (-7.06%)

SHAK Shake Shack
$89.45

-2.14 (-2.34%)

08/06/19
FBCO
08/06/19
NO CHANGE
Target $83
FBCO
Outperform
Shake Shack price target raised to $83 from $77 at Credit Suisse
Credit Suisse analyst Lauren Silberman raised her price target for Shake Shack to $83 from $77 after the company beat Q2 expectations, with same-store sales of 3.6%. The analyst continues to believe execution against on-trend initiatives and compelling unit economics support strong expansion trends, while growth in penetrated markets should help the company increase efficiency over time. He reiterates an Outperform rating on the shares.
08/06/19
WEDB
08/06/19
NO CHANGE
Target $75
WEDB
Neutral
Shake Shack price target raised to $75 from $70 at Wedbush
Wedbush analyst Nick Setyan raised his price target for Shake Shack to $75 from $70 following better than expected Q2 EPS and same-store sales growth. The analyst continues to expect investors' long-term focus to remain the key driver of valuation over near- and medium-term risks given the company's industry-leading unit growth. Setyan reiterates a Neutral rating on the shares.
08/12/19
MKMP
08/12/19
INITIATION
Target $75
MKMP
Neutral
Shake Shack initiated with a Neutral at MKM Partners
MKM Partners analyst Brett Levy started Shake Shack with a Neutral rating and $75 price target.
08/13/19
08/13/19
INITIATION
Target $75

Neutral
Shake Shack initiated with a Neutral at MKM Partners
As previously reported, MKM Partners analyst Brett Levy initiated Shake Shack with a Neutral rating and a price target of $75. The analyst remains positive on the company's long-term potential as a fast-growing investment story with unit expansion and digital sales initiatives, but is also concerned with its low earnings and comparable store base, along with its "volatile" results from its multi-year investment cycle. Levy adds that Shake Shak's limited margin for error creates an "uncomfortable" risk-reward setup.
GRUB GrubHub
$60.90

-4.625 (-7.06%)

07/31/19
JEFF
07/31/19
NO CHANGE
Target $78
JEFF
Hold
GrubHub price target lowered to $78 from $85 at Jefferies
While the reduced focal year EBITDA guide and tightened revenue range pressured GrubHub shares yesterday, the bigger concern is the lack of transparency around the revised outlook, Jefferies analyst Brent Thill tells investors in a research note. The near-tern margin compression story is understood, but investors still question if GrubHub can return to 20%-plus margins, says the analyst. Thill continues to "warm up" to the company's longer term story, but he sees continued competitive headwinds in the short-term. The analyst lowered hi spruce target for the shares to $78 from $85 and keeps a Hold rating on GrubHub.
07/31/19
SPHN
07/31/19
NO CHANGE
Target $110
SPHN
Overweight
GrubHub story intact despite questions raised by guidance, says Stephens
Stephens analyst Will Slabaugh lowered his price target on GrubHub shares to $110 from $135 after adjusting his estimates following the company's Q2 report. The quarterly results, which included a revenue beat and in-line EBITDA, were "good enough" by themselves, said Slabaugh. However, the company's soft Q3 guidance and lowering of the top end of its FY19 view on revenue and EBITDA raises questions, not so much about if the strategy is working but about the fact that it's taking more time than anticipated to generate accelerating growth, said the analyst, who keeps an Overweight rating on GrubHub shares.
08/02/19
BTIG
08/02/19
NO CHANGE
Target $130
BTIG
Buy
Yum! Brands price target raised to $130 from $114 at BTIG
BTIG analyst Peter Saleh raised his price target on Yum! Brands (YUM) to $130 and kept his Buy rating after its Q2 earnings beat. The analyst says he remains confident in the company's global sales and business momentum along with the "robust" consumer environment and "steadily unfolding" international unit development. Saleh adds that Yum! Brands is benefiting from its expanding partnership with Grubhub (GRUB).
08/06/19
RHCO
08/06/19
NO CHANGE
Target $86
RHCO
Buy
Shake Shack price target raised to $86 from $70 at SunTrust
SunTrust analyst Jake Bartlett raised his price target on Shake Shack (SHAK) to $86 and kept his Buy rating after its Q2 earnings beat, "impressive" comps, raised FY19 revenue guidance, and renewed practice of including store development guidance with a higher target. The analyst warns that the transition to delivery with Grubhub (GRUB) may result in near-term comps "disruption", but also believes that the 2019 comps guidance looks "achievable and potentially beatable" given the expected benefits from its marketing efforts and consumer data utilization.

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CMCSA

Comcast

$43.17

0.82 (1.94%)

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American Eagle

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AEO

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0.63 (4.27%)

MO

Altria Group

$46.48

1 (2.20%)

CMCSK

Comcast

$0.00

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GO

Grocery Outlet

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2.81 (6.42%)

RDS.B

Royal Dutch Shell

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0.46 (0.83%)

RDS.A

Royal Dutch Shell

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0.47 (0.85%)

BP

BP

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XOM

Exxon Mobil

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MYGN

Myriad Genetics

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SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$288.79

4.12 (1.45%)

19:27
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XYF

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19:25
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Earnings
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VJET

Voxeljet

$1.64

-0.05 (-2.96%)

18:44
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Samsung

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Apple

$206.44

4.71 (2.33%)

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$0.00

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Apple

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4.71 (2.33%)

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T

AT&T

$34.98

0.64 (1.86%)

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Comcast

$43.17

0.82 (1.94%)

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$34.98

0.64 (1.86%)

CMCSA

Comcast

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CMCSK

Comcast

$0.00

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SNE

Sony

$55.72

0.64 (1.16%)

LGF.A

Lionsgate

$11.06

0.02 (0.18%)

LGF.B

Lionsgate

$10.52

0.01 (0.10%)

DIS

Disney

$135.19

1.79 (1.34%)

VIAB

Viacom

$26.02

0.09 (0.35%)

VIA

Viacom

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-0.4 (-1.45%)

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SFTBF

SoftBank

$0.00

(0.00%)

, SFTBY

SoftBank

$0.00

(0.00%)

17:59
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SoftBank

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SoftBank

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SPX

S&P 500

$0.00

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, SPY

SPDR S&P 500 ETF Trust

$288.79

4.12 (1.45%)

16:50
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Periodicals
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JSAIY

J Sainsbury

$0.00

(0.00%)

16:46
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J Sainsbury's not talking to internal candidates for CEO succession,Reuters says »

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TSLA

Tesla

$219.92

4.27 (1.98%)

16:39
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SPX

S&P 500

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SPDR S&P 500 ETF Trust

$288.79

4.12 (1.45%)

16:14
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Periodicals
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NVS

Novartis

$89.46

0.91 (1.03%)

16:11
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MO

Altria Group

$46.48

1 (2.20%)

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CFB

CrossFirst Bancshares

$14.61

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, JFU

9F Inc

$10.09

0.52 (5.43%)

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CrossFirst Bancshares

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JFU

9F Inc

$10.09

0.52 (5.43%)

NET

Cloudflare

$0.00

(0.00%)

WE

We Company

$0.00

(0.00%)

SDC

SmileDirectClub

$0.00

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AMZN

Amazon.com

$1,791.82

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MSFT

Microsoft

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SoftBank

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SoftBank

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CBS

CBS

$43.83

0.5 (1.15%)

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Viacom

$27.27

-0.4 (-1.45%)

08:03
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CBS

$43.83

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Viacom

$27.27

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VIAB

Viacom

$26.02

0.09 (0.35%)

AAPL

Apple

$206.44

4.71 (2.33%)

DIS

Disney

$135.19

1.79 (1.34%)

T

AT&T

$34.98

0.64 (1.86%)

CMCSA

Comcast

$43.17

0.82 (1.94%)

CMCSK

Comcast

$0.00

(0.00%)

NFLX

Netflix

$302.74

6.81 (2.30%)

AMZN

Amazon.com

$1,791.82

16.72 (0.94%)

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MYGN

Myriad Genetics

$25.36

2.14 (9.22%)

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CSCO

Cisco

$46.96

0.73 (1.58%)

, NTAP

NetApp

$46.75

0.33 (0.71%)

07:50
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Trade war hitting tech stocks, Barron's says »

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Cisco

$46.96

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NTAP

NetApp

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RDS.A

Royal Dutch Shell

$55.55

0.47 (0.85%)

, RDS.B

Royal Dutch Shell

$55.56

0.46 (0.83%)

07:47
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RDS.A

Royal Dutch Shell

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Royal Dutch Shell

$55.56

0.46 (0.83%)

BP

BP

$36.27

0.22 (0.61%)

XOM

Exxon Mobil

$68.30

1.06 (1.58%)

CVX

Chevron

$115.79

0.08 (0.07%)

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TGT

Target

$84.20

1.67 (2.02%)

, WMT

Walmart

$112.99

0.32 (0.28%)

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Target

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1.67 (2.02%)

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Walmart

$112.99

0.32 (0.28%)

GO

Grocery Outlet

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2.81 (6.42%)

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AEO

American Eagle

$15.40

0.63 (4.27%)

07:33
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ANGI

Angi Homeservices

$8.18

-0.18 (-2.15%)

, MTCH

Match Group

$84.53

2.08 (2.52%)

07:27
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ANGI

Angi Homeservices

$8.18

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MTCH

Match Group

$84.53

2.08 (2.52%)

IAC

IAC

$249.17

4.21 (1.72%)

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AAPL

Apple

$206.44

4.71 (2.33%)

, HAS

Hasbro

$114.29

1.13 (1.00%)

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Apple

$206.44

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HAS

Hasbro

$114.29

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MAT

Mattel

$10.74

(0.00%)

AGR

Avangrid

$49.29

0.37 (0.76%)

JPM

JPMorgan

$107.73

2.52 (2.40%)

BAC

Bank of America

$27.04

0.79 (3.01%)

C

Citi

$63.46

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NCLH

Norwegian Cruise Line

$50.48

1.38 (2.81%)

18:04
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Norwegian Cruise Line CEO sells 25K shares of common stock »

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RM

Regional Management

$27.12

0.14 (0.52%)

18:01
08/16/19
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Hot Stocks
Regional Management CFO buys 5K shares of common stock »

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RTN

Raytheon

$178.10

-0.42 (-0.24%)

17:59
08/16/19
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17:59
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17:59
Hot Stocks
Raytheon awarded $199.59M Navy contract for MK 15 CIWS »

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