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Fly News Breaks for February 9, 2017
PNRA
Feb 9, 2017 | 06:29 EDT
Jefferies analyst Alexander Slagle raised his price target for Panera Bread to $267 citing the company's "solid" Q4 results and better than expected outlook for 2017. Mid-teens earnings growth is not out of the question for 2017 and 2018, which is not being priced into the current valuation, Slagle tells investors in a post-earnings research note. He keeps a Buy rating on Panera.
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