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Fly News Breaks for January 4, 2017
PNRA
Jan 4, 2017 | 07:06 EDT
Oppenheimer analyst Brian Bittner upgraded Panera Bread to Outperform saying the "attractive setup" into 2018 "can no longer be ignored." Profit accretion from delivery and strategic investments will "magnify while sales payoffs continue to ramp," Bittner tells investors in a research note. He has a $240 price target for Panera shares.
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