SunTrust has initiated coverage on nine restaurant stocks in the quick service and fast casual space. Here’s a summary of what analyst Jake Bartlett had to say.

McDonald’s Corporation MCD 0.18%

The firm initiates McDonald’s at Buy with a price target of $117. Bartlett believes that the experience of the new CEO and his track record of organizational turnarounds bode well for his chances of getting same-store sales growth trends back on the right track.

Wendys Co WEN 1.2%

SunTrust starts Wendys at Buy with an $11 target. Bartlett believes that same-store sales growth is reaching an inflection point and that new unit growth will reaccelerate.

El Pollo LoCo Holdings Inc LOCO 5.86%

The firm initiates El Pollo Loco at Buy with a $17 target. Bartlett is calling for 7 percent unit growth in 2016, but believes that the market is currently pricing in no growth past 2015.

Chipotle Mexican Grill, Inc. CMG 0.25%

SunTrust starts…

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