Wedbush Maintains Outperform on Papa John's International, Lowers Price Target to $73
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Nick Setyan has maintained an 'Outperform' rating on Papa John's International (NASDAQ:PZZA), but lowered the price target from $95 to $73.

November 03, 2023 | 2:14 pm
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Papa John's International's price target has been lowered by Wedbush from $95 to $73, though the 'Outperform' rating is maintained.
The lowering of the price target by a respected analyst could lead to a short-term negative impact on the stock price as it may cause investors to reassess their valuation of the company. However, the maintained 'Outperform' rating suggests that the analyst still sees potential for the stock to outperform the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100