btig

McDonald's Corp (NYSE: MCD) announced Tuesday a business update consisting of its same-store sales performance in April and May and COVID-19-related commentary. Here is a summary of how some of the Street's top analysts reacted to the report. The Analysts BTIG analyst Peter Saleh maintains...

An already struggling U.S. retail sector has been devastated by the coronavirus (COVID-19) shutdown. BTIG initiated coverage of 12 consumer lifestyle brands and named its top stock picks in the new era of retail. The Analyst BTIG analyst Camilo Lyon initiated coverage on the following 12 stocks:...

The Federal Reserve's decision Monday to undertake unlimited asset purchases was encouraging, but the Senate's failure to close on a stimulus package shows "politics is getting in the way," Julian Emanuel, BTIG's chief equity and derivatives strategist, said on CNBC's...

Payment processing company Square Inc (NYSE: SQ) said Wednesday that the FDIC voted to conditionally approve its application for an Industrial Loan Company, or ILC, bank charter. The company also received charter approval from the Utah Department of Financial Institutions. The Square...

Restaurant operators of all sizes are being impacted by the coronavirus and investors looking for exposure should follow the concept that "cash is king," according to BTIG. The Analyst Peter Saleh upgraded Dunkin Brands Group Inc (NASDAQ: DNKN) from Neutral to Buy with a $60 price...

Globus Medical Inc’s (NYSE: GMED) shares have declined around 33% from their year-end 2019 high, and the company has a strong balance sheet that can be used to acquire assets at depressed values, according to BTIG. The Globus Medical Analyst BTIG’s Ryan Zimmerman upgraded...

The dine-in restaurant industry as a whole will likely experience a year of decline in 2020 given notable distractions including the Olympics and the U.S. presidential election. Industry Trends During an election cycle, consumers tend to stay at home more often -- as was the case in 2016, BTIG...

The fast-food industry continues to evolve with one main objective: serving customers how they want to be served. Gone are the days when customers can only place an order at the counter with a human. Instead, customers are making it clear in growing numbers orders must be placed through a machine...

Care.com Inc (NYSE: CRCM), an online platform to help people find and manage family care, is reportedly undertaking a strategic review and could sell itself in the $14 to $16 per share range, according to BTIG. The Analyst BTIG analyst Marvin Fong maintains a Buy rating on Care's stock with a $...

Shares of Wendys Co (NASDAQ: WEN) lost more than 12% Tuesday after the company announced a nationwide expansion of its breakfast menu and lowered its guidance. Here is a summary of what some of the Street's top analysts are saying. Stephens: The Launch Wendy's will launch nationwide...

Pizza chain Papa John's Int'l, Inc. (NASDAQ: PZZA) said Wednesday that it will invest an additional $80 million in royalty relief, marketing campaigns and brand initiatives. The Analyst Stephens' Will Slabaugh maintained an Overweight rating on Papa John's with...

Activist investor Vintage Capital Management sent a letter to Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) urging the board to review strategic alternatives — including a sale to the activist investor. The Analyst BTIG's Peter Saleh maintained a Neutral rating on Red...

Following a 94-percent year-to-date gain, shares of MercadoLibre Inc (NASDAQ: MELI) seem appropriately valued, with balanced risk-reward, according to BTIG. The Analyst Marvin Fong downgraded MercadoLibre from Buy to Neutral.  The Thesis While the fintech business seemed hugely...

Shares of Paypal Holdings Inc (NASDAQ: PYPL) have gained nearly 25 percent over the past year and 45 percent since December, but BTIG says the stock remains undervalued. The Analyst BTIG's Mark Palmer maintains a Buy rating on PayPal with a price target lifted from $114 to $130. The Thesis...

Online freelancing platform Upwork Inc (NASDAQ: UPWK) is the dominant market leader, with plenty of growth opportunities ahead, according to BTIG. The Analyst Marvin Fong initiated coverage of Upwork with a Buy rating and $24 price target. The Thesis Upwork's market share is eight times...