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Fly News Breaks for August 19, 2015
PNRA
Aug 19, 2015 | 08:46 EDT
Cowen said Panera Bread remains their top restaurant pick after meeting with management. They noted management was bullish given encouraging Q2 results and are trying to balance attention and resources for 2.0 conversions while protecting profitability. Cowen reiterated its Outperform rating and $245 price target on Panera Bread shares.
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