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Bernstein Ups Targets on Starbucks (SBUX) to $72, Chipotle (CMG) to $500, Yum! (YUM) to $85

April 10, 2012 3:19 PM EDT
Get Alerts SBUX Hot Sheet
Price: $88.75 --0%

Rating Summary:
    21 Buy, 25 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 10 | Down: 8 | New: 5
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Bernstein's Sara Senatore boosted her price targets on several stocks in the Restaurant group Tuesday morning:
  • Starbucks (Nasdaq: SBUX) from $63 to $72;
  • Chipotle Mexican Grill (NYSE: CMG) from $475 to $500, and
  • Yum! (NYSE: YUM) from $78 to $85.
The analyst maintains Outperform ratings on each of the above stocks.

Shares of Starbucks are down 1.4 percent this afternoon, shares of Chipotle are down 2.4 percent, and Yum! shares are down 2.1 percent.


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