Dow, S&P 500 rally with energy; Alphabet drops

Chipotle Mexican Grill (CMG) Reverses Off Lows

Chipotle Mexican Grill (NYSE: CMG) is making a strong move off the lows of the session. Shares remain down 3.5% following weak earnings and outlook after the close..

Yahoo! (YHOO) Core Only 12% of Value - Macquarie

Macquarie analyst, Ben Schachter, reaffirmed his Outperform rating on Yahoo! (NASDAQ: YHOO) since he believes the core operating business means little in the overall company valuation. For this reason, he reiterated an Outperform rating with a reduced PT of $33 (from $37). That said, he is concerned that the vast majority of EBITDA is coming from search and he believes the company will not be able to maintain marketshare as the world moves to mobile.

YHOO remains a stock driven by the value of its Asia assets and the... More

Chipotle Mexican Grill (CMG) Dead Money in '16 - Piper Jaffray

Piper Jaffray analyst, Nicole Miller Regan, sees 2016 as a reinvestment year for Chipotle Mexican Grill (NYSE: CMG) and even though investors say they will look through to 2017, they are unlikely to jump back in too early. No change to rating, PT drops to $479 (from $500).

Chipotle's same-store sales results of (14.6%) were in-line with preannounced results and drove EPS of $2.17 which was ahead... More

RBC Capital Lowers Yahoo! (YHOO) PT to $33

RBC Capital analyst, Mark Mahaney thinks that shares of Yahoo (NASDAQ: YHOO) have bottomed out here but he recognizes that the stock price won't bottom until fundamentals do. Reducing PT to $33 from $42 and maintaining the Sector Perform rating.

YHOO reported Q4 Net Revenue of $1.00B, about 5% above RBC & Street estimates & the guidance high-end. Still, Net Revenue declined 15% Y/Y, which implies deteriorating asset risk. EBITDA of $215MM came in around 13% ahead of RBC... More