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Fly News Breaks for January 10, 2020
PZZA
Jan 10, 2020 | 05:54 EDT
UBS analyst Dennis Geiger initiated coverage of Papa John's with a Neutral rating and $67 price target. The company's turnaround is progressing but the shares already reflect an inflections in sales and earnings, Geiger tells investors in a research note. He believes the current valuation already reflects expectations for a further recovery.
News For PZZA From the Last 2 Days
PZZA
Apr 22, 2024 | 09:47 EDT
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."
