Wedbush Downgrades Papa John's International to Neutral, Announces $95 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Nick Setyan has downgraded Papa John's International (NASDAQ:PZZA) from Outperform to Neutral and announced a $95 price target.
October 26, 2023 | 12:15 pm
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NEGATIVE IMPACT
Papa John's International has been downgraded from Outperform to Neutral by Wedbush, with a new price target of $95.
The downgrade from Outperform to Neutral by Wedbush indicates a less optimistic outlook for the company's stock. This could potentially lead to a decrease in the stock's price in the short term. The new price target of $95 also provides a benchmark for investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100