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Fly News Breaks for January 3, 2017
PZZA, DPZ
Jan 3, 2017 | 08:49 EDT
Longbow analyst Alton Stump identifies Domino's (DPZ) and Papa John's (PZZA) as his top long ideas in the restaurant space. The analyst thinks that both companies could benefit from recent new product launches and will continue to post "impressive" same-store sales "for years to come." He reiterates a $101 price target on Papa John's and a $184 price target on Domino's and keeps Buy ratings on both stocks.
News For DPZ;PZZA From the Last 2 Days
PZZA
Apr 22, 2024 | 04:47 EDT
Stifel analyst Chris O'Cull upgraded Papa John's to Hold from Sell with a price target of $60, down from $65. The analyst believes near-term expectations are reasonable. Given the stock's negative sentiment and recent market volatility, the firm decided to move to the sidelines. However, Stifel continues to believe Papa John's is in a "challenging competitive position in a tough category."