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.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
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