Stephens lowered the firm’s price target on Portillo’s (PTLO) to $6 from $8 and keeps an Equal Weight rating on the shares after the company reported Q3 results and reiterated FY25 guidance on comps, revenue, and development, while moderating adjusted EBITDA expectations to reflect higher expenses and near-term margin headwinds.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PTLO:
- Portillo’s Inc. Reports Modest Revenue Growth Amid Challenges
- Portillo’s Earnings Call: Mixed Sentiment Amid Growth and Challenges
- Positive Outlook for Portillo’s: Buy Rating Affirmed Despite Short-Term Challenges
- Portillo’s Reports Q3 2025 Revenue Growth Amid Challenges
- Portillo’s reports Q3 EPS 2c, consensus 4c