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On The Fly
Alibaba initiation, Square downgrade among today's top calls on Wall Street » 10:10
07/09/20
07/09
10:10
07/09/20
10:10
BABA

Alibaba

$260.69 /

+3.06 (+1.19%)

, SQ

Square

$132.45 /

-0.92 (-0.69%)

, STZ

Constellation Brands

$184.75 /

+1.025 (+0.56%)

, STZ.B

Constellation Brands; also tag STZ

$185.26 /

+ (+0.00%)

, WING

Wingstop

$140.53 /

-0.2 (-0.14%)

, TXRH

Texas Roadhouse

$49.31 /

+0.29 (+0.59%)

, CAKE

Cheesecake Factory

$21.10 /

-0.35 (-1.63%)

, BLMN

Bloomin' Brands

$9.93 /

-0.26 (-2.55%)

, DRI

Darden

$71.81 /

-1.31 (-1.79%)

Check out today's top…

Open Full Text

ShowHide Related Items >><<
WING Wingstop
$140.53 /

-0.2 (-0.14%)

TXRH Texas Roadhouse
$49.31 /

+0.29 (+0.59%)

STZ Constellation Brands
$184.75 /

+1.025 (+0.56%)

SQ Square
$132.45 /

-0.92 (-0.69%)

DRI Darden
$71.81 /

-1.31 (-1.79%)

CAKE Cheesecake Factory
$21.10 /

-0.35 (-1.63%)

BLMN Bloomin' Brands
$9.93 /

-0.26 (-2.55%)

BABA Alibaba
$260.69 /

+3.06 (+1.19%)

BABA Alibaba
$260.69 /

+3.06 (+1.19%)

07/09/20 Needham
Alibaba initiated with a Buy at Needham
06/19/20 Barclays
Alibaba price target raised to $270 from $260 at Barclays
06/19/20 Morgan Stanley
6.18 promotion in China released pent-up buying demand, says Morgan Stanley
06/08/20 Bernstein
Pinduoduo initiated with an Outperform at Bernstein
SQ Square
$132.45 /

-0.92 (-0.69%)

07/09/20 Cowen
Square downgraded to Market Perform at Cowen
07/09/20 Cowen
Square downgraded to Market Perform from Outperform at Cowen
07/07/20
Fly Intel: Top five analyst initiations
07/06/20 Piper Sandler
Piper Sandler starts Square with Neutral rating, $131 price target
STZ Constellation Brands
$184.75 /

+1.025 (+0.56%)

07/09/20 Argus
Constellation Brands upgraded to Buy from Hold at Argus
07/09/20 Argus
Constellation Brands upgraded to Buy from Hold at Argus
07/06/20 MKM Partners
Constellation Brands price target raised to $151 from $147 at MKM Partners
07/02/20 JPMorgan
Constellation Brands price target raised to $227 from $200 at JPMorgan
STZ.B Constellation Brands; also tag STZ
$185.26 /

+ (+0.00%)

07/02/20 HSBC
Constellation Brands price target raised to $170 from $147 at HSBC
06/17/20 JPMorgan
Constellation Brands added to Analyst Focus List at JPMorgan
04/13/20 Evercore ISI
Beer production not resuming in Mexico, says Evercore ISI
04/08/20 Guggenheim
Constellation Brands downgraded to Neutral on incremental risks at Guggenheim
WING Wingstop
$140.53 /

-0.2 (-0.14%)

07/09/20 BTIG
Wingstop cut to Neutral at BTIG on access to capital, jobless benefit expiration
07/09/20 Piper Sandler
Wingstop price target raised to $158 from $143 at Piper Sandler
07/09/20 BTIG
Wingstop downgraded to Neutral from Buy at BTIG
06/19/20 Northcoast
Northcoast reiterates Buy rating on Wingstop after 'compelling' checks
TXRH Texas Roadhouse
$49.31 /

+0.29 (+0.59%)

07/09/20 Credit Suisse
Texas Roadhouse initiated with an Outperform at Credit Suisse
07/01/20 Gordon Haskett
Texas Roadhouse downgraded to Hold as reopenings pause at Gordon Haskett
07/01/20 Gordon Haskett
Texas Roadhouse downgraded to Hold from Buy at Gordon Haskett
06/24/20 JPMorgan
Texas Roadhouse upgraded to Neutral with $55 price target at JPMorgan
CAKE Cheesecake Factory
$21.10 /

-0.35 (-1.63%)

07/09/20 Credit Suisse
Cheesecake Factory initiated with a Neutral at Credit Suisse
07/01/20 Gordon Haskett
Cheesecake Factory downgraded to Hold as reopenings pause at Gordon Haskett
07/01/20 Gordon Haskett
Cheesecake Factory downgraded to Hold from Buy at Gordon Haskett
06/24/20
Fly Intel: Top five analyst downgrades
BLMN Bloomin' Brands
$9.93 /

-0.26 (-2.55%)

07/09/20 Credit Suisse
Bloomin' Brands initiated with a Neutral at Credit Suisse
07/01/20 Gordon Haskett
Bloomin' Brands downgraded to Hold as reopenings pause at Gordon Haskett
07/01/20 Gordon Haskett
Bloomin' Brands downgraded to Hold from Buy at Gordon Haskett
06/24/20 JPMorgan
Bloomin' Brands price target raised to $15 from $13 at JPMorgan
DRI Darden
$71.81 /

-1.31 (-1.79%)

07/09/20 Credit Suisse
Darden initiated with an Outperform at Credit Suisse
07/01/20 Gordon Haskett
Darden downgraded to Hold from Buy at Gordon Haskett
06/26/20 Loop Capital
Darden price target raised to $90 from $80 at Loop Capital
06/26/20 RBC Capital
Darden price target raised to $86 from $81 at RBC Capital
WING Wingstop
$140.53 /

-0.2 (-0.14%)

TXRH Texas Roadhouse
$49.31 /

+0.29 (+0.59%)

STZ.B Constellation Brands; also tag STZ
$185.26 /

+ (+0.00%)

STZ Constellation Brands
$184.75 /

+1.025 (+0.56%)

SQ Square
$132.45 /

-0.92 (-0.69%)

DRI Darden
$71.81 /

-1.31 (-1.79%)

CAKE Cheesecake Factory
$21.10 /

-0.35 (-1.63%)

BLMN Bloomin' Brands
$9.93 /

-0.26 (-2.55%)

BABA Alibaba
$260.69 /

+3.06 (+1.19%)

  • 21
    Apr
WING Wingstop
$140.53 /

-0.2 (-0.14%)

STZ Constellation Brands
$184.75 /

+1.025 (+0.56%)

SQ Square
$132.45 /

-0.92 (-0.69%)

DRI Darden
$71.81 /

-1.31 (-1.79%)

CAKE Cheesecake Factory
$21.10 /

-0.35 (-1.63%)

BABA Alibaba
$260.69 /

+3.06 (+1.19%)

WING Wingstop
$140.53 /

-0.2 (-0.14%)

TXRH Texas Roadhouse
$49.31 /

+0.29 (+0.59%)

STZ.B Constellation Brands; also tag STZ
$185.26 /

+ (+0.00%)

STZ Constellation Brands
$184.75 /

+1.025 (+0.56%)

SQ Square
$132.45 /

-0.92 (-0.69%)

DRI Darden
$71.81 /

-1.31 (-1.79%)

CAKE Cheesecake Factory
$21.10 /

-0.35 (-1.63%)

BABA Alibaba
$260.69 /

+3.06 (+1.19%)

STZ Constellation Brands
$184.75 /

+1.025 (+0.56%)

SQ Square
$132.45 /

-0.92 (-0.69%)

DRI Darden
$71.81 /

-1.31 (-1.79%)

CAKE Cheesecake Factory
$21.10 /

-0.35 (-1.63%)

BABA Alibaba
$260.69 /

+3.06 (+1.19%)

Initiation
Bloomin' Brands initiated with a Neutral at Credit Suisse » 06:20
07/09/20
07/09
06:20
07/09/20
06:20
BLMN

Bloomin' Brands

$10.19 /

+0.07 (+0.69%)

Credit Suisse analyst…

Credit Suisse analyst Lauren Silberman initiated coverage of Bloomin' Brands with a Neutral rating and $12 price target. Despite "reasonably resilient" same-store-sales at Outback and Carrabba's throughout the pandemic, sentiment on the shares will likely remain more cautious given the company's high leverage, exposure to Brazil and slower expected recovery at its upscale brands, Silberman tells investors in a research note.

ShowHide Related Items >><<
BLMN Bloomin' Brands
$10.19 /

+0.07 (+0.69%)

BLMN Bloomin' Brands
$10.19 /

+0.07 (+0.69%)

07/01/20 Gordon Haskett
Bloomin' Brands downgraded to Hold as reopenings pause at Gordon Haskett
07/01/20 Gordon Haskett
Bloomin' Brands downgraded to Hold from Buy at Gordon Haskett
06/24/20 JPMorgan
Bloomin' Brands price target raised to $15 from $13 at JPMorgan
06/11/20 Jefferies
Jefferies bullish on Bloomin' Brands, sees significant upside when dust settles
BLMN Bloomin' Brands
$10.19 /

+0.07 (+0.69%)

BLMN Bloomin' Brands
$10.19 /

+0.07 (+0.69%)

Over a week ago
On The Fly
FedEx, Square upgrades among today's top calls on Wall Street » 10:17
07/01/20
07/01
10:17
07/01/20
10:17
FDX

FedEx

$162.55 /

+22.3 (+15.90%)

, SQ

Square

$110.52 /

+5.6 (+5.34%)

, SHOP

Shopify

$967.17 /

+16.72 (+1.76%)

, TXRH

Texas Roadhouse

$52.25 /

-0.34 (-0.65%)

, EAT

Brinker

$24.40 /

+0.4 (+1.67%)

, DRI

Darden

$75.80 /

-0.035 (-0.05%)

, CAKE

Cheesecake Factory

$22.69 /

-0.23 (-1.00%)

, BLMN

Bloomin' Brands

$10.58 /

-0.07 (-0.66%)

, INO

Inovio

$21.60 /

-5.28 (-19.64%)

Check out today's top…

Open Full Text

ShowHide Related Items >><<
TXRH Texas Roadhouse
$52.25 /

-0.34 (-0.65%)

SQ Square
$110.52 /

+5.6 (+5.34%)

SHOP Shopify
$967.17 /

+16.72 (+1.76%)

INO Inovio
$21.60 /

-5.28 (-19.64%)

FDX FedEx
$162.55 /

+22.3 (+15.90%)

EAT Brinker
$24.40 /

+0.4 (+1.67%)

DRI Darden
$75.80 /

-0.035 (-0.05%)

CAKE Cheesecake Factory
$22.69 /

-0.23 (-1.00%)

BLMN Bloomin' Brands
$10.58 /

-0.07 (-0.66%)

FDX FedEx
$162.55 /

+22.3 (+15.90%)

07/01/20
Fly Intel: Top five analyst upgrades
07/01/20 Cowen
FedEx price target raised to $167 from $156 at Cowen
07/01/20 Wells Fargo
FedEx price target raised to $179 from $153 at Wells Fargo
07/01/20 Baird
FedEx price target raised to $162 from $140 at Baird
SQ Square
$110.52 /

+5.6 (+5.34%)

07/01/20 MoffettNathanson
Square price target raised to $120 from $90 at MoffettNathanson
07/01/20 Rosenblatt
Square upgraded to Buy from Neutral at Rosenblatt
07/01/20 Rosenblatt
Square upgraded to Buy from Neutral at Rosenblatt
06/30/20
Fly Intel: Top five analyst initiations
SHOP Shopify
$967.17 /

+16.72 (+1.76%)

07/01/20 Argus
Shopify initiated with a Buy at Argus
07/01/20 Argus
Shopify initiated with a Buy at Argus
06/29/20 Goldman Sachs
Shopify price target raised to $1,127 from $786 at Goldman Sachs
06/24/20 KeyBanc
Shopify price target raised to $1,000 from $805 at KeyBanc
TXRH Texas Roadhouse
$52.25 /

-0.34 (-0.65%)

07/01/20 Gordon Haskett
Texas Roadhouse downgraded to Hold as reopenings pause at Gordon Haskett
07/01/20 Gordon Haskett
Texas Roadhouse downgraded to Hold from Buy at Gordon Haskett
06/24/20 JPMorgan
Texas Roadhouse upgraded to Neutral with $55 price target at JPMorgan
06/24/20 JPMorgan
Texas Roadhouse upgraded to Neutral from Underweight at JPMorgan
EAT Brinker
$24.40 /

+0.4 (+1.67%)

07/01/20 Gordon Haskett
Brinker downgraded to Hold as reopenings pause at Gordon Haskett
07/01/20 Gordon Haskett
Brinker downgraded to Hold from Buy at Gordon Haskett
06/29/20 Stifel
Stifel says Brinker appears to have created new wing chain 'virtually overnight'
06/24/20 JPMorgan
Brinker price target raised to $28 from $19 at JPMorgan
DRI Darden
$75.80 /

-0.035 (-0.05%)

07/01/20 Gordon Haskett
Darden downgraded to Hold from Buy at Gordon Haskett
06/26/20 Loop Capital
Darden price target raised to $90 from $80 at Loop Capital
06/26/20 RBC Capital
Darden price target raised to $86 from $81 at RBC Capital
06/26/20 BMO Capital
Darden price target raised to $77 from $72 at BMO Capital
CAKE Cheesecake Factory
$22.69 /

-0.23 (-1.00%)

07/01/20 Gordon Haskett
Cheesecake Factory downgraded to Hold as reopenings pause at Gordon Haskett
07/01/20 Gordon Haskett
Cheesecake Factory downgraded to Hold from Buy at Gordon Haskett
06/24/20
Fly Intel: Top five analyst downgrades
06/24/20 JPMorgan
JPMorgan downgrades Cheesecake Factory to Underweight with $23 target
BLMN Bloomin' Brands
$10.58 /

-0.07 (-0.66%)

07/01/20 Gordon Haskett
Bloomin' Brands downgraded to Hold as reopenings pause at Gordon Haskett
07/01/20 Gordon Haskett
Bloomin' Brands downgraded to Hold from Buy at Gordon Haskett
06/24/20 JPMorgan
Bloomin' Brands price target raised to $15 from $13 at JPMorgan
06/11/20 Jefferies
Jefferies bullish on Bloomin' Brands, sees significant upside when dust settles
INO Inovio
$21.60 /

-5.28 (-19.64%)

07/01/20
Fly Intel: Top five analyst downgrades
07/01/20 Maxim
Inovio downgraded to Hold from Buy at Maxim
07/01/20 Roth Capital
Roth 'unimpressed' with Inovio data, downgrades to Sell with $11 target
07/01/20 Maxim
Inovio downgraded to Hold from Buy at Maxim
TXRH Texas Roadhouse
$52.25 /

-0.34 (-0.65%)

SQ Square
$110.52 /

+5.6 (+5.34%)

SHOP Shopify
$967.17 /

+16.72 (+1.76%)

INO Inovio
$21.60 /

-5.28 (-19.64%)

FDX FedEx
$162.55 /

+22.3 (+15.90%)

EAT Brinker
$24.40 /

+0.4 (+1.67%)

DRI Darden
$75.80 /

-0.035 (-0.05%)

CAKE Cheesecake Factory
$22.69 /

-0.23 (-1.00%)

BLMN Bloomin' Brands
$10.58 /

-0.07 (-0.66%)

  • 08
    May
  • 07
    May
  • 21
    Apr
  • 17
    Sep
SQ Square
$110.52 /

+5.6 (+5.34%)

SHOP Shopify
$967.17 /

+16.72 (+1.76%)

INO Inovio
$21.60 /

-5.28 (-19.64%)

FDX FedEx
$162.55 /

+22.3 (+15.90%)

DRI Darden
$75.80 /

-0.035 (-0.05%)

CAKE Cheesecake Factory
$22.69 /

-0.23 (-1.00%)

BLMN Bloomin' Brands
$10.58 /

-0.07 (-0.66%)

TXRH Texas Roadhouse
$52.25 /

-0.34 (-0.65%)

SQ Square
$110.52 /

+5.6 (+5.34%)

SHOP Shopify
$967.17 /

+16.72 (+1.76%)

INO Inovio
$21.60 /

-5.28 (-19.64%)

FDX FedEx
$162.55 /

+22.3 (+15.90%)

EAT Brinker
$24.40 /

+0.4 (+1.67%)

DRI Darden
$75.80 /

-0.035 (-0.05%)

CAKE Cheesecake Factory
$22.69 /

-0.23 (-1.00%)

FDX FedEx
$162.55 /

+22.3 (+15.90%)

SQ Square
$110.52 /

+5.6 (+5.34%)

SHOP Shopify
$967.17 /

+16.72 (+1.76%)

INO Inovio
$21.60 /

-5.28 (-19.64%)

FDX FedEx
$162.55 /

+22.3 (+15.90%)

EAT Brinker
$24.40 /

+0.4 (+1.67%)

DRI Darden
$75.80 /

-0.035 (-0.05%)

CAKE Cheesecake Factory
$22.69 /

-0.23 (-1.00%)

Downgrade
Bloomin' Brands downgraded to Hold as reopenings pause at Gordon Haskett » 06:51
07/01/20
07/01
06:51
07/01/20
06:51
BLMN

Bloomin' Brands

$10.65 /

+0.05 (+0.47%)

As previously reported,…

As previously reported, Gordon Haskett analyst Jeff Farmer downgraded Bloomin' Brands to Hold from Buy with a price target of $12, down from $14. Restaurant sales and foot traffic data indicated that a recovery in same-store sales reversed in key casual dining states in the week ended June 28, noted Farmer, who sees the national recovery potentially poised to follow a similar path in July given the growing list of states either pausing their reopening phases or reversing reopening decisions.

ShowHide Related Items >><<
BLMN Bloomin' Brands
$10.65 /

+0.05 (+0.47%)

BLMN Bloomin' Brands
$10.65 /

+0.05 (+0.47%)

07/01/20 Gordon Haskett
Bloomin' Brands downgraded to Hold from Buy at Gordon Haskett
06/24/20 JPMorgan
Bloomin' Brands price target raised to $15 from $13 at JPMorgan
06/11/20 Jefferies
Jefferies bullish on Bloomin' Brands, sees significant upside when dust settles
05/29/20
Fly Intel: Top five analyst upgrades
BLMN Bloomin' Brands
$10.65 /

+0.05 (+0.47%)

BLMN Bloomin' Brands
$10.65 /

+0.05 (+0.47%)

BLMN Bloomin' Brands
$10.65 /

+0.05 (+0.47%)

Downgrade
Bloomin' Brands downgraded to Hold from Buy at Gordon Haskett » 06:33
07/01/20
07/01
06:33
07/01/20
06:33
BLMN

Bloomin' Brands

$10.65 /

+0.05 (+0.47%)

Gordon Haskett analyst…

Gordon Haskett analyst Jeff Farmer downgraded Bloomin' Brands to Hold from Buy with a price target of $12, down from $14.

ShowHide Related Items >><<
BLMN Bloomin' Brands
$10.65 /

+0.05 (+0.47%)

BLMN Bloomin' Brands
$10.65 /

+0.05 (+0.47%)

06/24/20 JPMorgan
Bloomin' Brands price target raised to $15 from $13 at JPMorgan
06/11/20 Jefferies
Jefferies bullish on Bloomin' Brands, sees significant upside when dust settles
05/29/20
Fly Intel: Top five analyst upgrades
05/29/20 Jefferies
Bloomin' Brands upgraded to Buy on early read on reopenings at Jefferies
BLMN Bloomin' Brands
$10.65 /

+0.05 (+0.47%)

BLMN Bloomin' Brands
$10.65 /

+0.05 (+0.47%)

BLMN Bloomin' Brands
$10.65 /

+0.05 (+0.47%)

Recommendations
Bloomin' Brands price target raised to $15 from $13 at JPMorgan » 07:45
06/24/20
06/24
07:45
06/24/20
07:45
BLMN

Bloomin' Brands

$10.98 /

+0.725 (+7.07%)

JPMorgan analyst John…

JPMorgan analyst John Ivankoe raised the firm's price target on Bloomin' Brands to $15 from $13 and keeps a Neutral rating on the shares. Following late-quarter update calls with companies, the analyst rolled over price targets from December 2020 to December 2021.

ShowHide Related Items >><<
BLMN Bloomin' Brands
$10.98 /

+0.725 (+7.07%)

BLMN Bloomin' Brands
$10.98 /

+0.725 (+7.07%)

06/11/20 Jefferies
Jefferies bullish on Bloomin' Brands, sees significant upside when dust settles
05/29/20
Fly Intel: Top five analyst upgrades
05/29/20 Jefferies
Bloomin' Brands upgraded to Buy on early read on reopenings at Jefferies
05/29/20 Jefferies
Bloomin' Brands upgraded to Buy from Hold at Jefferies
BLMN Bloomin' Brands
$10.98 /

+0.725 (+7.07%)

BLMN Bloomin' Brands
$10.98 /

+0.725 (+7.07%)

BLMN Bloomin' Brands
$10.98 /

+0.725 (+7.07%)

Recommendations
Jefferies bullish on Bloomin' Brands, sees significant upside when dust settles » 15:32
06/11/20
06/11
15:32
06/11/20
15:32
BLMN

Bloomin' Brands

$11.02 /

-1.16 (-9.52%)

Jefferies analyst Andy…

Jefferies analyst Andy Barish has a Buy rating and a $16 price target on Bloomin' Brands. The analyst notes that sales trends through May and into June are accelerating as dining rooms open. While he acknowledges that investors are facing plenty of uncertainty right now, Barish would use volatility to build positions in Bloomin' Brands, where he sees significant upside as sector emerges from the current crisis.

ShowHide Related Items >><<
BLMN Bloomin' Brands
$11.02 /

-1.16 (-9.52%)

BLMN Bloomin' Brands
$11.02 /

-1.16 (-9.52%)

05/29/20
Fly Intel: Top five analyst upgrades
05/29/20 Jefferies
Bloomin' Brands upgraded to Buy on early read on reopenings at Jefferies
05/29/20 Jefferies
Bloomin' Brands upgraded to Buy from Hold at Jefferies
05/13/20 Loop Capital
Bloomin' Brands price target lowered to $15 from $27 at Loop Capital
BLMN Bloomin' Brands
$11.02 /

-1.16 (-9.52%)

BLMN Bloomin' Brands
$11.02 /

-1.16 (-9.52%)

BLMN Bloomin' Brands
$11.02 /

-1.16 (-9.52%)

Hot Stocks
Bloomin' Brands reports weekly U.S. comparable restaurant sales update » 08:17
06/11/20
06/11
08:17
06/11/20
08:17
BLMN

Bloomin' Brands

$12.18 /

-0.82 (-6.31%)

Reports week ended May 10…

Reports week ended May 10 comparable restaurant sales down 42.2%. Reports week ended May 17 comparable restaurant sales down 39.1%. Reports week ended May 24 comparable restaurant sales down 34.7%. Reports week ended May 31 comparable restaurant sales down 29.5%. Reports week ended June 6 comparable restaurant sales down 28.3%.

ShowHide Related Items >><<
BLMN Bloomin' Brands
$12.18 /

-0.82 (-6.31%)

BLMN Bloomin' Brands
$12.18 /

-0.82 (-6.31%)

05/29/20
Fly Intel: Top five analyst upgrades
05/29/20 Jefferies
Bloomin' Brands upgraded to Buy on early read on reopenings at Jefferies
05/29/20 Jefferies
Bloomin' Brands upgraded to Buy from Hold at Jefferies
05/13/20 Loop Capital
Bloomin' Brands price target lowered to $15 from $27 at Loop Capital
BLMN Bloomin' Brands
$12.18 /

-0.82 (-6.31%)

BLMN Bloomin' Brands
$12.18 /

-0.82 (-6.31%)

BLMN Bloomin' Brands
$12.18 /

-0.82 (-6.31%)

Hot Stocks
Bloomin' Brands provides business update related to COVID-19 » 08:12
06/11/20
06/11
08:12
06/11/20
08:12
BLMN

Bloomin' Brands

$12.18 /

-0.82 (-6.31%)

Bloomin' Brands…

Bloomin' Brands announced a business update related to COVID-19 as well as recent sales results and details on cash utilization and liquidity. CEO David Deno said, "The priorities for Bloomin' Brands remain unchanged as we navigate these challenging times. We are focused on taking care of our people and serving food in a safe environment that protects both our Team Members and customers. Since the onset of the pandemic, we have been nimble in adapting our business. This included a pivot to an off-premises model as dining rooms were forced to close. We were able to triple our off-premises sales per restaurant while our dining rooms were closed. Starting in early May states began the process of partially re-opening their economies. Our decision to not furlough any employees during this pandemic has allowed us to quickly prepare our restaurants for the reopening of dining rooms in a safe and efficient manner. As of June 7, 2020, over 760 company-operated U.S. restaurants (approximately 74% of U.S. restaurants) have reopened with limited in-restaurant dining capacity in accordance with local mandates. At Outback Steakhouse, we had 373 restaurants open for dine-in service at limited capacity during the full week ended June 7, 2020. Comparable restaurant sales at these locations were down 13.6% from the prior year. We are encouraged by these sales trends as we begin to reopen our dining rooms. By the end of the month, we expect to have substantially all our domestic restaurant dining rooms opened with limited seating capacity. We continue to adhere to the strongest of safety measures as we open dining rooms. These measures include additional sanitation and disinfecting practices, enhanced hand-washing protocols, use of gloves and facial protection for our employees, and we are also providing contactless payment options for our customers. In addition, each dining room seating configuration has been modified to adhere to social distancing and reduced capacity standards, and we are leveraging our table management notification system to allow guests to wait in their cars for their table. We are tightly managing our cash usage and the recent convertible note transaction has further enhanced our liquidity position. We believe we are well positioned to build upon our recent success and emerge a stronger company as we navigate the ongoing crisis. As of this morning, our total liquidity position was $493 million, which includes approximately $128 million of cash and $365 million of capacity on our revolving credit facility. This liquidity position includes the $202 million net proceeds from the recent convertible note offering. Our liquidity position over the last several weeks has improved due to increased sales performance, working capital inflows, and earned tax credits for employee relief pay related to the CARES Act."

ShowHide Related Items >><<
BLMN Bloomin' Brands
$12.18 /

-0.82 (-6.31%)

BLMN Bloomin' Brands
$12.18 /

-0.82 (-6.31%)

05/29/20
Fly Intel: Top five analyst upgrades
05/29/20 Jefferies
Bloomin' Brands upgraded to Buy on early read on reopenings at Jefferies
05/29/20 Jefferies
Bloomin' Brands upgraded to Buy from Hold at Jefferies
05/13/20 Loop Capital
Bloomin' Brands price target lowered to $15 from $27 at Loop Capital
BLMN Bloomin' Brands
$12.18 /

-0.82 (-6.31%)

BLMN Bloomin' Brands
$12.18 /

-0.82 (-6.31%)

BLMN Bloomin' Brands
$12.18 /

-0.82 (-6.31%)

Over a month ago
Upgrade
Fly Intel: Top five analyst upgrades » 10:09
05/29/20
05/29
10:09
05/29/20
10:09
BLMN

Bloomin' Brands

$11.43 /

+0.04 (+0.35%)

, DPZ

Domino's Pizza

$372.01 /

+6.36 (+1.74%)

, PZZA

Papa John's

$77.24 /

+1.3 (+1.71%)

, PII

Polaris

$87.97 /

-1.03 (-1.16%)

, BHP

BHP Group

$46.85 /

+0.15 (+0.32%)

, FOXF

Fox Factory

$71.55 /

+3.51 (+5.16%)

Catch up on today's…

Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Bloomin' Brands (BLMN) upgraded to Buy from Hold at Jefferies with analyst Andy Barish citing early data from casual dining companies that have reported sales trends since reopening certain restaurants. 2. Domino's Pizza (DPZ) and Papa John's (PZZA) were upgraded to Buy from Neutral at Northcoast. 3. Polaris (PII) Industries upgraded to Outperform from Neutral at Wedbush with analyst James Hardiman saying the powersports names in general, and Polaris in particular, could prove to be "great" ways to play the reopening of states. 4. BHP Group (BHP) upgraded to Buy from Neutral at BofA with analyst Jason Fairclough saying iron ore prices will stay higher for longer due to stimulus in China and the restarting of industrial activity. 5. Fox Factory (FOXF) upgraded to Buy from Neutral at BofA with analyst Rafe Jadrosich saying the demand in the company's key end markets - including mountain bikes, off-road vehicles, and power-sports - should benefit from a spending shift away from traditional entertainment to "solitary leisure experiences." 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 >><<
PZZA Papa John's
$77.24 /

+1.3 (+1.71%)

PII Polaris
$87.97 /

-1.03 (-1.16%)

FOXF Fox Factory
$71.55 /

+3.51 (+5.16%)

DPZ Domino's Pizza
$372.01 /

+6.36 (+1.74%)

BLMN Bloomin' Brands
$11.43 /

+0.04 (+0.35%)

BHP BHP Group
$46.85 /

+0.15 (+0.32%)

BLMN Bloomin' Brands
$11.43 /

+0.04 (+0.35%)

05/29/20 Jefferies
Bloomin' Brands upgraded to Buy on early read on reopenings at Jefferies
05/29/20 Jefferies
Bloomin' Brands upgraded to Buy from Hold at Jefferies
05/13/20 Loop Capital
Bloomin' Brands price target lowered to $15 from $27 at Loop Capital
05/11/20 Guggenheim
Bloomin' Brands price target raised to $15 from $11 at Guggenheim
DPZ Domino's Pizza
$372.01 /

+6.36 (+1.74%)

05/29/20 Northcoast
Domino's Pizza upgraded to Buy from Neutral at Northcoast
05/29/20 Northcoast
Domino's Pizza upgraded to Buy from Neutral at Northcoast
05/28/20 RBC Capital
Domino's Pizza price target raised to $415 from $406 at RBC Capital
05/28/20 Longbow
Domino's Pizza price target raised to $441 from $430 at Longbow
PZZA Papa John's
$77.24 /

+1.3 (+1.71%)

05/29/20 Northcoast
Papa John's upgraded to Buy from Neutral at Northcoast
05/28/20 Longbow
Papa John's price target raised to $95 from $88 at Longbow
05/14/20 Northcoast
Papa John's sustaining strong comp growth as states reopen, says Northcoast
05/07/20 Stephens
Papa John's price target raised to $83 from $61 at Stephens
PII Polaris
$87.97 /

-1.03 (-1.16%)

05/29/20 Wedbush
Polaris upgraded to Outperform at Wedbush as state reopening play
05/29/20 Wedbush
Polaris Industries upgraded to Outperform from Neutral at Wedbush
05/28/20 Raymond James
Polaris Industries price target raised to $108 from $81 at Raymond James
05/18/20 UBS
Polaris Industries price target lowered to $86 from $114 at UBS
BHP BHP Group
$46.85 /

+0.15 (+0.32%)

05/29/20 BofA
BHP Group upgraded to Buy from Neutral at BofA
05/13/20 UBS
BHP Group upgraded to Buy on valuation after pullback at UBS
05/13/20 UBS
BHP Group upgraded to Buy from Neutral at UBS
05/11/20 JPMorgan
BHP Group price target lowered to 1,780 GBp from 1,830 GBp at JPMorgan
FOXF Fox Factory
$71.55 /

+3.51 (+5.16%)

05/29/20 BofA
Fox Factory upgraded to Buy from Neutral at BofA
05/29/20 BofA
Fox Factory upgraded to Buy from Neutral at BofA
05/19/20 Berenberg
Fox Factory downgraded to Hold from Buy at Berenberg
10/31/19 SunTrust
Fox Factory price target lowered to $68 from $78 at SunTrust
PZZA Papa John's
$77.24 /

+1.3 (+1.71%)

PII Polaris
$87.97 /

-1.03 (-1.16%)

FOXF Fox Factory
$71.55 /

+3.51 (+5.16%)

DPZ Domino's Pizza
$372.01 /

+6.36 (+1.74%)

BLMN Bloomin' Brands
$11.43 /

+0.04 (+0.35%)

PZZA Papa John's
$77.24 /

+1.3 (+1.71%)

DPZ Domino's Pizza
$372.01 /

+6.36 (+1.74%)

BLMN Bloomin' Brands
$11.43 /

+0.04 (+0.35%)

BHP BHP Group
$46.85 /

+0.15 (+0.32%)

PZZA Papa John's
$77.24 /

+1.3 (+1.71%)

PII Polaris
$87.97 /

-1.03 (-1.16%)

DPZ Domino's Pizza
$372.01 /

+6.36 (+1.74%)

BHP BHP Group
$46.85 /

+0.15 (+0.32%)

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