UPDATE: Barclays Starts Burger King Worldwide (BKW) at Equalweight; Veggie Whopper with Side of Skepticism
Get Alerts BKW Hot Sheet
Price: $35.50 --0%
Rating Summary:
6 Buy, 7 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 10 | New: 11
Rating Summary:
6 Buy, 7 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 10 | New: 11
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(Updated - August 16, 2012 1:35 PM EDT)
Barclays initiates coverage on Burger King Worldwide (NYSE: BKW) with an Equalweight. PT $15.00.
Analyst, Jeffrey A. Bernstein, said, "...The recent U.S. comp improvement is encouraging, benefiting from a new menu introduction, aggressive marketing and easy compares. With that said, our focus is on the sustainability of the recent U.S. comp momentum along with quality of aggressive international store growth...We struggle to justify a premium due to the early stage of recovery, lingering concern on past struggles and limited liquidity."
For an analyst ratings summary and ratings history on Burger King Worldwide click here. For more ratings news on Burger King Worldwide click here.
Shares of Burger King Worldwide closed at $14.40 yesterday.
Barclays initiates coverage on Burger King Worldwide (NYSE: BKW) with an Equalweight. PT $15.00.
Analyst, Jeffrey A. Bernstein, said, "...The recent U.S. comp improvement is encouraging, benefiting from a new menu introduction, aggressive marketing and easy compares. With that said, our focus is on the sustainability of the recent U.S. comp momentum along with quality of aggressive international store growth...We struggle to justify a premium due to the early stage of recovery, lingering concern on past struggles and limited liquidity."
For an analyst ratings summary and ratings history on Burger King Worldwide click here. For more ratings news on Burger King Worldwide click here.
Shares of Burger King Worldwide closed at $14.40 yesterday.
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