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Morgan Stanley provided financial analysis on several food and beverage brands, including CMG, Applebee, and Starbucks.

1 report, 1 independent Updated Jul 16
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What happened

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Morgan Stanley provided financial analysis on several food and beverage brands, including CMG, Applebee, and Starbucks.

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What this event is mainly about

How it developed

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  1. California Gold Development acquired ownership of Applebee's and Starbucks, while Peterson was appointed Director of Administrative Services in Tuolumne County.Sub-event
  2. Morgan Stanley reaffirmed an overweight rating on shares of Starbucks.Sub-event
  3. Morgan Stanley raised price targets for CMG and Applebee while noting weak sentiment for Starbucks.1 source

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Coverage

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  • Investing.comKeyBanc: Sentiment positive for YUM and SHAK, Investors warming up to CMG, MCD Investing.com -- Investor sentiment in the restaurant sector is currently strongest for YUM! Brands and Shake Shack (NYS