Oppenheimer Downgrades Papa John's International to Perform
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Brian Bittner has downgraded Papa John's International (NASDAQ:PZZA) from Outperform to Perform, indicating a neutral outlook on the company's stock performance.
January 05, 2024 | 1:27 pm
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NEUTRAL IMPACT
Papa John's International was downgraded by Oppenheimer from Outperform to Perform, suggesting that the stock may not outperform the market in the near term.
The downgrade from Outperform to Perform by a reputable analyst like Brian Bittner could lead to a neutral sentiment among investors, potentially stabilizing the stock price without significant upward or downward movement in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100