Keybanc Maintains Overweight on Papa John's International, Lowers Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Eric Gonzalez has maintained an Overweight rating on Papa John's International (NASDAQ:PZZA) but lowered the price target from $90 to $75.
November 03, 2023 | 11:26 am
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Papa John's International's price target has been lowered from $90 to $75 by Keybanc, although the Overweight rating is maintained.
The lowering of the price target by Keybanc indicates a potential decrease in the stock's value. However, the maintained Overweight rating suggests that the stock is still expected to outperform. This could lead to mixed reactions in the market, but the lowered price target is likely to have a negative short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100