News for Burger King Holdings Inc.
Jan 20 · 12:38:00 PM · Source: Marketwatch.com
Credit Suisse downgraded Burger King Holdings Inc. from Outperform to Neutral. Price target was lowered from $23 to $21.
Track · email · face · Twitter · digg · COMMENTS
by Rich Pike
Jan 12 · 7:14:00 AM · Source: StreetInsider.com
Deutsche Bank downgraded Burger King Holdings Inc. from Buy to Hold.
Deutsche's analyst said "For fiscal 2Q10 (Dec qtr.), we have trimmed our SSS forecast to -3.4% from -2.7% previously. While this is not a huge reduction, the bigger concern is the current (Mar) quarter. We’re currently at -3.5% SSS, but the Dec/Jan trend suggests this could be too optimistic. We are lowering our FY10E EPS to $1.37 from $1.43 on lower sales and margin assumptions. FY11E goes to $1.58 from $1.66."
Track · email · face · Twitter · digg · COMMENTS
by Rich Pike
Advertisement