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Fly News Breaks for March 29, 2017
PNRA
Mar 29, 2017 | 08:02 EDT
Maxim analyst Stephen Anderson downgraded Panera Bread to Hold from Buy as he now sees the stock reflecting the positives of continued momentum from "Panera 2.0," opportunities for margin expansion, unit development, and share buybacks following its 25% year-to-date advance. He keeps a $260 price target on Panera shares.
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