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Fly News Breaks for July 15, 2015
PNRA
Jul 15, 2015 | 06:54 EDT
Piper Jaffray analyst Nicole Miller Regan upgraded Panera Bread two notches to Overweight from Underweight and raised her price target for shares to $200 from $140. Management is now better positioned to optimize the brand and its balance sheet, Regan tells investors in a research note. Piper's channel checks indicate stable topline and store-level profitability trends, she adds.
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