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Stock Market & Financial Investment News

News Breaks
February 1, 2013
10:28 EDTBWLDBuffalo Wild Wings advances after KeyBanc ups rating to Buy
Buffalo Wild Wings (BWLD), a casual dining chain, is climbing after KeyBanc analyst Christopher O'Cull upgraded the shares to Buy from Hold in a note to investors earlier today. Several risks are already priced into the stock, whose valuation is currently compelling, O'Cull wrote. Specifically, the shares already reflect investors' fears that the company will report lower than expected 2013 earnings per share due to rising chicken wing prices, O'Cull contended. However, the company can protect its margins and earnings by selling chicken wings on a per plate basis, instead of by the wing, the analyst believes. Moreover, the profitability of Buffalo Wild Wings' newer restaurants on the coast should rise as they gain greater efficiencies, according to O'Cull. Finally, the analyst, who has an $85 price target on the shares, doesn't expect the company to lower its 2013 earnings per share guidance. In mid-morning trading, Buffalo Wild Wings climbed $1.95, or 2.66%, to $75.50.
News For BWLD From The Last 14 Days
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October 10, 2014
10:01 EDTBWLDOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: 2U (TWOU) initiated with an Outperform at Pacific Crest... Bloomin' Brands (BLMN) initiated with an Outperform at BMO Capital... Brinker (EAT) initiated with a Market Perform at BMO Capital... Buffalo Wild Wings (BWLD) initiated with an Outperform at BMO Capital... Chipotle (CMG) initiated with a Market Perform at BMO Capital... Chuy's (CHUY) initiated with a Market Perform at BMO Capital... Darden (DRI) initiated with a Market Perform at BMO Capital... EMC (EMC) initiated with a Buy at Jefferies... EPR Properties (EPR) initiated with a Buy at BofA/Merrill... HP (HPQ) initiated with a Hold at Jefferies... IBM (IBM) initiated with an Underperform at Jefferies... McDermott (MDR) initiated with an In-Line at Imperial Capital... NetApp (NTAP) initiated with a Hold at Jefferies... New Residential (NRZ) initiated with a Neutral at Piper Jaffray... Nimble Storage (NMBL) initiated with a Buy at Jefferies... Noodles & Company (NDLS) initiated with an Outperform at BMO Capital... PDC Energy (PDCE) initiated with an Overweight at Stephens... Panera Bread (PNRA) initiated with a Market Perform at BMO Capital... Pioneer Natural (PXD) initiated with an Outperform at Imperial Capital... Resource America (REXI) initiated with a Buy at MLV & Co.... Rex Energy (REXX) initiated with an Overweight at Stephens... Seagate (STX) initiated with a Buy at Jefferies... Silicon Motion (SIMO) initiated with a Buy at Brean Capital... Texas Roadhouse (TXRH) initiated with a Market Perform at BMO Capital... W.P. Carey (WPC) initiated with a Neutral at BofA/Merrill... Wayfair (W) initiated with a Buy at Janney Capital...Western Digital (WDC) initiated with a Buy at Jefferies... Yelp (YELP) initiated with a Buy at Sterne Agee.
October 9, 2014
16:47 EDTBWLDBuffalo Wild Wings initiated with an Outperform at BMO Capital
Target $165.

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