2021-02-22 08:44:58 PZZA Papa John's
02/22/21 02/2208:44 02/22/2108:44 | Papa John's price target raised to $125 from $110 at OppenheimerOppenheimer analyst Brian Bittner raised the firm's price target on Papa John's to $125 from $110 and keeps an Outperform rating on the shares. The analyst says his analysis highlights multi-year upside in same-store sales, unit growth and enterprise-level margins culminating in a "craveable future earnings algorithm." Bittner believes that in very near term, the narrative will continue to deal with fears of lapping COVID benefits and tells investors he would take advantage of any related pullbacks. |
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