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.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
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