Stephens & Co. Maintains Overweight on Papa John's International, Lowers Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Joshua Long has maintained an Overweight rating on Papa John's International (NASDAQ:PZZA) but lowered the price target from $90 to $75.
November 03, 2023 | 3:08 pm
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NEGATIVE IMPACT
Papa John's International's price target has been lowered from $90 to $75 by Stephens & Co., though the Overweight rating is maintained.
The lowering of the price target by Stephens & Co. indicates a potential decrease in the stock's value in the short term. However, the maintenance of the Overweight rating suggests that the company is still expected to outperform its peers.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100