Piper Sandler Maintains Overweight on Portillos, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Nicole Miller Regan has maintained an Overweight rating on Portillos (NASDAQ:PTLO), but lowered the price target from $23 to $20.
November 06, 2023 | 3:34 pm
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NEUTRAL IMPACT
Piper Sandler has maintained an Overweight rating on Portillos but lowered the price target from $23 to $20.
The news is directly related to Portillos and is likely to influence investor sentiment. The maintained Overweight rating indicates a positive outlook, but the lowered price target may cause some concern among investors, potentially leading to short-term price volatility.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100