Information Provided By:
Fly News Breaks for October 10, 2018
PBPB
Oct 10, 2018 | 07:53 EDT
As reported earlier, Maxim analyst Stephen Anderson upgraded Potbelly to Buy from Hold and raised his price target to $15 from $13. The analyst notes that his recent channel checks suggest that the company's top-line catalysts are accelerating, with anticipated nationwide rollout of its menu bundling expected in Q1 of 2019. Anderson also expects Potbelly to benefit from the closure of one of its competitors in key markets, a more aggressive franchising program, and benign food costs adding to margins and earnings at least through the first half of 2019.
News For PBPB From the Last 2 Days
There are no results for your query PBPB