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Fly News Breaks for June 25, 2019
PZZA
Jun 25, 2019 | 08:11 EDT
As previously reported, Credit Suisse analyst Lauren Silberman initiated Papa John's with a Neutral and $45 price target. While the analyst still sees risk to numbers and the multiple, short interest of about 30% of float, activist involvement and takeout potential keep her Neutral.
News For PZZA From the Last 2 Days
PZZA
Apr 22, 2024 | 04:47 EDT
Stifel analyst Chris O'Cull upgraded Papa John's to Hold from Sell with a price target of $60, down from $65. The analyst believes near-term expectations are reasonable. Given the stock's negative sentiment and recent market volatility, the firm decided to move to the sidelines. However, Stifel continues to believe Papa John's is in a "challenging competitive position in a tough category."