tiprankstipranks
Trending News
More News >

Papa John’s price target lowered to $50 from $65 at Benchmark

Benchmark lowered the firm’s price target on Papa John’s (PZZA) to $50 from $65 and keeps a Buy rating on the shares. The firm is cleaning up prior modelling to reflect the new segment reporting structure that Papa adopted with Q4 results, as well as taking a more conservative view on domestic systemwide same-store sale results for both Q1 and Q2, the analyst tells investors ahead of earnings.

Confident Investing Starts Here:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue