Longbow analyst Chris Dankert lowered his price target for Papa John's International to $52 from $61 while maintaining a Buy rating on the shares. The stock closed yesterday up 4%, or $1.78, to $43.75. While "certainly disappointed" with the company's North American same-store sales performance in Q4 and January, the analyst believes Papa John's is in "far better position" to bring customers back following Starboard's capital investment and corresponding board leadership. If and when same-store sales trends "finally recover," Papa John's will represent an attractive acquisition candidate, especially with Mr. Schnatter no longer the face of the brand, Dankert tells investors in a research note.