Recommendations
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Piper Sandler analyst… Piper Sandler analyst Nicole Miller Regan raised the firm's price target on Shake Shack to $122 from $110 and reiterates an Overweight rating on the shares. Following meetings at ICR this week, the analyst says the industry "remains resilient." She walked away from a meeting with management with an "incrementally positive view" on Shake Shack's menu, growth, and digital initiatives as "potential unlocks going forward." ShowHide Related Items >><< - 12/11/20
- Shake Shack falls with New York City closing indoor dining Monday
- 10/29/20
- Shake Shack not providing full guidance for FY20
- 10/29/20
- Shake Shack: Same-Shack sales improved sequentially every month since April
- 09/09/20
- Cuomo says NYC restaurants can open indoors at 25% capacity Sept. 30
- 01/14/21 Truist
- Shake Shack price target raised to $95 from $64 at Truist
- 01/13/21 MKM Partners
- Shake Shack price target raised to $85 from $65 at MKM Partners
- 01/13/21 Oppenheimer
- Shake Shack price target raised to $115 from $110 at Oppenheimer
- 01/13/21 Loop Capital
- Shake Shack price target raised to $120 from $83 at Loop Capital
- 01/12/21
- Shake Shack sees FY20 revenue $522.9M, consensus $519.25M
- 01/12/21
- Shake Shack reports preliminary Q4 revenue $157.5M, consensus $153.75M
- 10/29/20
- Shake Shack reports Q3 EPS (15c), consensus (21c)
- 10/29/20
- Notable companies reporting after market close
- 10/29/20
- Fly Intel: After-Hours Movers
- 10/23/20
- Intel, Fastly downgrades among today's top calls on Wall Street
- 10/02/20
- DexCom downgrade, Shake Shack initiation among today's top calls on Wall Street
- 08/20/20
- Shake Shack upgrade, BioMarin downgrades among today's top calls on Wall Street
- 11/30/20
- Shake Shack put volume heavy and directionally bearish
- 11/27/20
- Unusual put flow in option market yesterday
- 11/25/20
- Shake Shack put spread seller shows an appetite for risk
- 09/10/20
- Shake Shack call volume above normal and directionally bullish
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On The Fly
| ShowHide Related Items >><< - 01/13/21
- VMware names CFO Rowe interim CEO, board starts search
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- 01/14/21
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- 01/08/21
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- 11/10/20
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- 10/08/20
- TSMC reports September revenue NT$127.59B, up 24.9% y/y
- $1,223.78 /
+24.54 (+2.05%) - 12/03/20
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- 12/01/20
- Shopify announces results from Black Friday/Cyber Monday weekend
- 11/29/20
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- 11/16/20
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- 01/13/21
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- 12/17/20
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- 11/30/20
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- 11/16/20
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- 01/13/21
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- 01/13/21
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- 01/13/21
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- 01/06/21
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- 01/12/21
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- 01/08/21
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- 01/08/21
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- 01/08/21
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- 09/14/20
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- 08/20/20
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- 08/11/20
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- 07/16/20
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- $1,441.00 /
+44.31 (+3.17%) - 01/11/21
- Chipotle to fill 15,000 jobs via National Career Day
- 01/04/21
- Chipotle announces launch of Cilantro-Lime Cauliflower Rice
- 11/30/20
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- 11/19/20
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- 01/12/21
- AMD announces ful portfolio of AMD Ryzen 5000 Series mobile processors
- 01/12/21
- AMD shares slightly higher after CEO's keynote at CES
- 01/06/21
- AMD promotes Darren Grasby to chief sales officer, Devinder Kumar to CFO
- 01/04/21
- Microsoft in contact with AMD to help meet Series X/S demand
- $1,223.78 /
+24.54 (+2.05%) - 01/14/21
- Fly Intel: Top five analyst upgrades
- 01/14/21 Oppenheimer
- Shopify upgraded to Outperform from Perform at Oppenheimer
- 01/11/21 KeyBanc
- Shopify price target raised to $1,300 from $1,250 at KeyBanc
- 01/04/21 Barclays
- Shopify assumed with an Equal Weight at Barclays
- 01/14/21 Oppenheimer
- ServiceNow upgraded to Outperform at Oppenheimer on glide path to $10B in sales
- 01/14/21 Oppenheimer
- ServiceNow upgraded to Outperform from Perform at Oppenheimer
- 01/05/21 Piper Sandler
- ServiceNow price target raised to $550 from $500 at Piper Sandler
- 12/16/20 Mizuho
- ServiceNow price target raised to $600 from $570 at Mizuho
- 01/14/21 Oppenheimer
- eGain downgraded to Perform at Oppenheimer on elevated execution risk
- 01/14/21 Oppenheimer
- eGain downgraded to Perform from Outperform at Oppenheimer
- 10/20/20 Berenberg
- eGain initiated with a Buy at Berenberg
- 10/14/20 Benchmark
- eGain share price may be benefiting from M&A speculation, says Benchmark
- 01/14/21 Needham
- Intel upgraded to Buy from Hold at Needham
- 01/14/21 Jefferies
- Jefferies says Intel still faces 'foundational challenges' after 'positive' hire
- 01/14/21 Atlantic Equities
- Intel upgraded to Neutral from Underweight at Atlantic Equities
- 01/14/21 UBS
- VMware price target lowered to $145 from $152 at UBS
- 01/14/21 BMO Capital
- AMD downgraded to Underperform from Market Perform at BMO Capital
- 01/13/21 BMO Capital
- VMware downgraded to Market Perform from Outperform at BMO Capital
- 01/13/21 JPMorgan
- Dell selloff on VMware CEO change news a buying opportunity, says JPMorgan
- 01/14/21 Cowen
- AMD price target raised to $110 from $100 at Cowen
- 01/14/21 BMO Capital
- Intel upgraded to Outperform from Market Perform at BMO Capital
- 01/13/21 Citi
- Citi opens positive catalyst watch on Intel, boosts target to $55 after CEO news
- 01/12/21
- Fly Intel: Top five analyst upgrades
- 01/12/21 Bernstein
- TSMC upgraded to Outperform from Market Perform at Bernstein
- 12/29/20 RBC Capital
- Intel intraday move on Third Point news looks 'overdone,' says RBC Capital
- $1,441.00 /
+44.31 (+3.17%) - 01/14/21 Deutsche Bank
- Chipotle price target raised to $1,348 from $1,235 at Deutsche Bank
- 01/14/21 RBC Capital
- RBC upgrades Chipotle to Outperform, sees improving new restaurant margins
- 01/14/21 RBC Capital
- Chipotle upgraded to Outperform from Sector Perform at RBC Capital
- 01/14/21 Argus
- General Motors upgraded to Buy at Argus on business expansion, high margins
- 01/14/21 Argus
- General Motors upgraded to Buy from Hold at Argus
- 01/13/21
- Fly Intel: Top five analyst upgrades
- 11/24/20
- VMware sees FY22 revenue up high single digits, consensus $12.82B
- 11/24/20
- VMware sees FY21 EPS $7.03, consensus $6.66
- 11/24/20
- VMware sees Q4 EPS $2.04, consensus $1.88
- 11/24/20
- VMware raises FY21 EPS view to $7.03 from $6.62, consensus $6.66
- 01/14/21
- TSMC sees Q1 revenue $12.7B-$13B, consensus $12.62B
- 01/14/21
- TSMC reports Q4 EPS 97c, consensus 94c
- 10/15/20
- TSMC sees Q4 revenue $12.4B-$12.7B, consensus $11.71B
- 10/15/20
- TSMC reports Q3 EPS 90c, consensus 77c
- $1,223.78 /
+24.54 (+2.05%) - 10/29/20
- Shopify reports Q3 adjusted EPS $1.13, consensus 53c
- 10/28/20
- Notable companies reporting before tomorrow's open
- 07/29/20
- Fly Intel: What to watch in PayPal earnings report
- 10/28/20
- ServiceNow raises 2020 subscription revenue outlook to $4.25B-$4.26B
- 10/28/20
- ServiceNow sees Q4 subscription revenue up 27% to $1.14B-$1.15B
- 10/28/20
- ServiceNow reports Q3 EPS $1.21, consensus $1.06
- 10/28/20
- Notable companies reporting after market close
- 01/13/21
- Intel sees Q4 revenue and EPS to exceed prior guidance
- 10/22/20
- Intel sees Q4 adjusted EPS $1.10, consensus $1.06
- 10/22/20
- Intel raises FY20 adjusted EPS view to $4.90 from $4.85, consensus $4.85
- 10/22/20
- Intel reports Q3 adjusted EPS $1.11, consensus $1.10
- 11/05/20
- General Motors reports Q3 adjusted EPS $2.83, consensus $1.38
- 11/04/20
- Notable companies reporting before tomorrow's open
- 10/13/20
- Fly Intel: What to watch in next round of big banks' earnings reports
- 11/10/20
- eGain sees Q2 EPS (2c)-2c, consensus 6c
- 11/10/20
- eGain reports Q3 EPS 8c, consensus 6c
- 09/02/20
- eGain sees Q1 EPS 5c-8c, consensus 3c
- 09/02/20
- eGain reports Q4 EPS 8c, consensus 5c
- $1,441.00 /
+44.31 (+3.17%) - 10/21/20
- Chipotle reports Q3 adjusted EPS $3.76, consensus $3.40
- 10/21/20
- Notable companies reporting after market close
- 07/22/20
- Chipotle not providing 2020 guidance due to 'on-going uncertainty'
- 07/22/20
- Chipotle says July comparable restaurant sales up 6.4% month to date
- 10/27/20
- AMD boosts FY20 revenue growth view to 41% vs. 2019, consensus $8.92B
- 10/27/20
- AMD sees Q4 revenue approximately $3B, plus or minus $100M
- 10/27/20
- AMD reports Q3 adjusted EPS 41c, consensus 35c
- 07/28/20
- AMD sees FY20 revenue growth of approximately 32%
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Upgrade
|
Catch up on today's… Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Chevron (CVX) upgraded to Outperform from Sector Perform at Scotiabank with analyst Paul Cheng telling investors that he thinks "relative valuation has become compelling" due to the recent sharp underperformance in the shares. 2. Chipotle (CMG) upgraded to Outperform from Sector Perform at RBC Capital with analyst Christopher Carill saying the stock has appreciated "significantly" in 2020, but there is further upside to be derived from improving new restaurant margins, which should support the accelerating unit development in an environment of a broader restaurant industry supply contraction in 2021. 3. Intel (INTC) upgraded to Buy from Hold at Needham with analyst N. Quinn Bolton telling investors that he believes Pat Gelsinger will be able to "lead the company to re-establish processor performance leadership" after identifying any weaknesses in Intel's processor roadmap. 4. General Motors (GM) upgraded to Buy from Hold at Argus with analyst Bill Selesky saying the company is diversifying its business into electric and autonomous vehicles while also benefiting from higher margins in North America, "solid" cash flows, and a "strong" balance sheet. 5. Shopify (SHOP) upgraded to Outperform from Perform at Oppenheimer with analyst Koji Ikeda saying while the stock has been a big winner since its initial public offering in 2015, there is still upside from here as the shift to digital commerce is accelerating and has been catalyzed by the COVID-19 pandemic. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here. ShowHide Related Items >><< - $1,213.72 /
+14.48 (+1.21%) - 12/03/20
- Stripe launches Stripe Treasury in deal with Goldman, Citigroup
- 12/01/20
- Shopify announces results from Black Friday/Cyber Monday weekend
- 11/29/20
- Shopify announces record global Black Friday sales of $2.4B
- 11/16/20
- Lone Pine buys Square, exits Visa in Q3
- 01/13/21
- Dan Loeb says Intel CEO Bob Swan did 'right thing' to step aside
- 01/13/21
- Intel appoints VMware's Pat Gelsinger as new CEO, Swan to step down
- 01/13/21
- Intel jumps 13% after CNBC says CEO Swan to be replaced
- 01/06/21
- Intel announces introduction of RealSense ID facial authentication
- 01/12/21
- General Motors announces launch of new BrightDrop business unit
- 01/08/21
- If Bill Miller were Elon Musk, Tesla would acquire General Motors
- 01/08/21
- Tesla should buy General Motors, Bill Miller says
- 01/08/21
- General Motors announces new logo in conjunction with EV marketing campaign
- 01/08/21
- Noble Midstream to provide oil transmission services to Chevron subsidiary
- 01/05/21
- EQT Corporation reports year-end total proved reserves of 19.8 Tcfe, up 13%
- 12/09/20
- Chevron CEO: Our dividend is secure, our balance sheet is strong
- 12/08/20
- Noble Midstream completes integration plans with new affiliate Chevron
- $1,430.00 /
+33.31 (+2.38%) - 01/11/21
- Chipotle to fill 15,000 jobs via National Career Day
- 01/04/21
- Chipotle announces launch of Cilantro-Lime Cauliflower Rice
- 11/30/20
- Chipotle testing Smoked Brisket at 64 restaurants in Cincinnati, Sacramento
- 11/19/20
- Chipotle sales trajectory has largely returned to pre-Covid levels, says Pershing Square
- 01/14/21 Scotiabank
- Chevron upgraded to Outperform from Sector Perform at Scotiabank
- 01/14/21 HSBC
- Chevron upgraded to Buy from Hold at HSBC
- 01/14/21 HSBC
- Chevron upgraded to Buy from Hold at HSBC
- 01/11/21 Mizuho
- Chevron assumed with a Buy at Mizuho
- $1,430.00 /
+33.31 (+2.38%) - 01/14/21 Deutsche Bank
- Chipotle price target raised to $1,348 from $1,235 at Deutsche Bank
- 01/14/21 RBC Capital
- RBC upgrades Chipotle to Outperform, sees improving new restaurant margins
- 01/14/21 RBC Capital
- Chipotle upgraded to Outperform from Sector Perform at RBC Capital
- 01/08/21 Loop Capital
- Chipotle a favorite restaurant name for 2021, says Loop Capital
- 01/14/21 Needham
- Intel upgraded to Buy from Hold at Needham
- 01/14/21 Jefferies
- Jefferies says Intel still faces 'foundational challenges' after 'positive' hire
- 01/14/21 Atlantic Equities
- Intel upgraded to Neutral from Underweight at Atlantic Equities
- 01/14/21 Raymond James
- Intel's new CEO facing 'difficult' alternatives for company, says Raymond James
- 01/14/21 Argus
- General Motors upgraded to Buy at Argus on business expansion, high margins
- 01/14/21 Argus
- General Motors upgraded to Buy from Hold at Argus
- 01/13/21
- Fly Intel: Top five analyst upgrades
- 01/13/21 Barclays
- General Motors price target raised to $56 from $49 at Barclays
- $1,213.72 /
+14.48 (+1.21%) - 01/14/21 Oppenheimer
- Shopify upgraded to Outperform from Perform at Oppenheimer
- 01/11/21 KeyBanc
- Shopify price target raised to $1,300 from $1,250 at KeyBanc
- 01/04/21 Barclays
- Shopify assumed with an Equal Weight at Barclays
- 12/31/20
- Shopify initiated with a Buy at Masterlink Securities
- $1,213.72 /
+14.48 (+1.21%) - 10/29/20
- Shopify reports Q3 adjusted EPS $1.13, consensus 53c
- 10/28/20
- Notable companies reporting before tomorrow's open
- 07/29/20
- Fly Intel: What to watch in PayPal earnings report
- 01/13/21
- Intel sees Q4 revenue and EPS to exceed prior guidance
- 10/22/20
- Intel sees Q4 adjusted EPS $1.10, consensus $1.06
- 10/22/20
- Intel raises FY20 adjusted EPS view to $4.90 from $4.85, consensus $4.85
- 10/22/20
- Intel reports Q3 adjusted EPS $1.11, consensus $1.10
- 11/05/20
- General Motors reports Q3 adjusted EPS $2.83, consensus $1.38
- 11/04/20
- Notable companies reporting before tomorrow's open
- 10/13/20
- Fly Intel: What to watch in next round of big banks' earnings reports
- 10/30/20
- Chevron reports Q3 adj. EPS 11c, consensus (27c)
- 10/29/20
- Notable companies reporting before tomorrow's open
- 08/04/20
- Notable companies reporting before tomorrow's open
- $1,430.00 /
+33.31 (+2.38%) - 10/21/20
- Chipotle reports Q3 adjusted EPS $3.76, consensus $3.40
- 10/21/20
- Notable companies reporting after market close
- 07/22/20
- Chipotle not providing 2020 guidance due to 'on-going uncertainty'
- 07/22/20
- Chipotle says July comparable restaurant sales up 6.4% month to date
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Recommendations
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Truist analyst Jake… Truist analyst Jake Bartlett raised the firm's price target on Shake Shack to $95 from $64 but keeps a Hold rating on the shares as part of his broader research note highlighting his 2021 ICR Conference Takeaways. The analyst notes that in spite of the tighter COVID-related restrictions in major markets during the November-December period, the company was able to grow its average weekly sales. Bartlett adds that Shake Shack's comps are accelerating over the near term, and he projects that its walk-in/dine-in sales will recover further as restrictions are eased. ShowHide Related Items >><< - 12/11/20
- Shake Shack falls with New York City closing indoor dining Monday
- 10/29/20
- Shake Shack not providing full guidance for FY20
- 10/29/20
- Shake Shack: Same-Shack sales improved sequentially every month since April
- 09/09/20
- Cuomo says NYC restaurants can open indoors at 25% capacity Sept. 30
- 01/13/21 MKM Partners
- Shake Shack price target raised to $85 from $65 at MKM Partners
- 01/13/21 Oppenheimer
- Shake Shack price target raised to $115 from $110 at Oppenheimer
- 01/13/21 Loop Capital
- Shake Shack price target raised to $120 from $83 at Loop Capital
- 01/13/21 Piper Sandler
- Shake Shack price target raised to $110 from $78 at Piper Sandler
- 01/12/21
- Shake Shack sees FY20 revenue $522.9M, consensus $519.25M
- 01/12/21
- Shake Shack reports preliminary Q4 revenue $157.5M, consensus $153.75M
- 10/29/20
- Shake Shack reports Q3 EPS (15c), consensus (21c)
- 10/29/20
- Notable companies reporting after market close
- 10/29/20
- Fly Intel: After-Hours Movers
- 10/23/20
- Intel, Fastly downgrades among today's top calls on Wall Street
- 10/02/20
- DexCom downgrade, Shake Shack initiation among today's top calls on Wall Street
- 08/20/20
- Shake Shack upgrade, BioMarin downgrades among today's top calls on Wall Street
- 11/30/20
- Shake Shack put volume heavy and directionally bearish
- 11/27/20
- Unusual put flow in option market yesterday
- 11/25/20
- Shake Shack put spread seller shows an appetite for risk
- 09/10/20
- Shake Shack call volume above normal and directionally bullish
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Recommendations
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Deutsche Bank analyst… Deutsche Bank analyst Brian Mullan raised the firm's price target on Chipotle Mexican Grill to $1,348 from $1,235 and keeps a Hold rating on the shares ahead of the company's Q4 results. Thea analyst believes optimism is building for potential upside to current consensus Q1 same-store-sales estimates of up 6.1%. ShowHide Related Items >><< - $1,394.89 /
-7.5 (-0.53%) - 01/11/21
- Chipotle to fill 15,000 jobs via National Career Day
- 01/04/21
- Chipotle announces launch of Cilantro-Lime Cauliflower Rice
- 11/30/20
- Chipotle testing Smoked Brisket at 64 restaurants in Cincinnati, Sacramento
- 11/19/20
- Chipotle sales trajectory has largely returned to pre-Covid levels, says Pershing Square
- $1,394.89 /
-7.5 (-0.53%) - 01/14/21 RBC Capital
- RBC upgrades Chipotle to Outperform, sees improving new restaurant margins
- 01/14/21 RBC Capital
- Chipotle upgraded to Outperform from Sector Perform at RBC Capital
- 01/08/21 Loop Capital
- Chipotle a favorite restaurant name for 2021, says Loop Capital
- 01/08/21 BTIG
- Chipotle price target raised to $1,600 from $1,450 at BTIG
- $1,394.89 /
-7.5 (-0.53%) - 10/21/20
- Chipotle reports Q3 adjusted EPS $3.76, consensus $3.40
- 10/21/20
- Notable companies reporting after market close
- 07/22/20
- Chipotle not providing 2020 guidance due to 'on-going uncertainty'
- 07/22/20
- Chipotle says July comparable restaurant sales up 6.4% month to date
- $1,394.89 /
-7.5 (-0.53%) - 12/22/20
- Chipotle won't mandate that workers receive COVID-19 vaccine, CNBC says
- 08/03/20
- Chipotle eyes hiring 10,000 additional staff in coming months, Reuters says
- 07/25/20
- McDonald's stock could get a boost from drive-through window, Barron's says
- 07/18/20
- Chipotle should crush earnings next week, Barron's says
- $1,394.89 /
-7.5 (-0.53%) - 01/08/21
- Another Tesla upgrade among today's top calls on Wall Street
- 10/21/20
- Fly Intel: After-Hours Movers
- 10/16/20
- Caterpillar upgrade among today's top calls on Wall Street
- 10/06/20
- Beyond Meat boosted by Piper Sandler teen survey results
- $1,394.89 /
-7.5 (-0.53%) - 12/24/20
- Unusually active option classes on open December 24th
- 12/16/20
- Early notable gainers among liquid option names on December 16th
- 10/21/20
- Chipotle options imply 8.4% move in share price post-earnings
- 09/01/20
- Early notable gainers among liquid option names on September 1st
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