Garden Fresh Restaurant Corp (LTUS) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Garden Fresh Restaurant Corp (LTUS)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Don Hess who wrote (76)	12/14/1999 11:19:00 AM
From: Don Hess	of 78

Tuesday December 14, 10:44 am Eastern Time RESEARCH ALERT - Three restaurants started NEW YORK, Dec 14 (Reuters) - Banc of America Securities said on Tuesday it started coverage on shares of Garden Fresh Restaurant Corp. (NasdaqNM:LTUS - news) with a strong buy rating and Landry's Seafood Restaurants Inc. (NYSE:LNY - news) with a buy rating and a $12 a share price target. -- Analyst Bob Summers said Garden Fresh has strong earnings visibility, driven by unit growth and same-store sales increases. Anticipates earnings per share growth of 20 percent over the next several years. -- Summers forecasts earnings per share growth of 15-18 percent for Landry's and believes the company is in the early stages of a turnaround. -- Started Il Fornaio (America) Corp. (NasdaqNM:ILFO - news) with a market perform rating. Although anticipates earnings per share growth of 20 percent, Summers believes the company's 1999 performance combined with unit growth concerns will weigh heavily on the stock over the next several quarters. -- Il Fornaio up 1/8 at 7-7/8, Landry's flat at 8-3/4 and Garden Fresh was flat at 15-3/4.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next