Stephens lowered the firm’s price target on Portillo’s (PTLO) to $8 from $10 and keeps an Equal Weight rating on the shares. The firm is revising estimates and selected price targets among its restaurants coverage as part of its Q3 preview for the group.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PTLO:
- Portillo’s downgraded to Hold from Buy at Jefferies
- Micron upgraded, Klarna initiated: Wall Street’s top analyst calls
- Portillo’s downgraded to Neutral from Buy at BofA
- Trump links Tylenol use to autism, AutoZone reports downbeat Q4: Morning Buzz
- Portillo’s Growth Potential Amid Leadership Transition and Market Expansion