Benchmark Maintains Buy on Papa John's International, Lowers Price Target to $87
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Todd Brooks maintains a Buy rating on Papa John's International (NASDAQ:PZZA) but lowers the price target from $95 to $87.
March 22, 2024 | 5:29 pm
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Benchmark analyst Todd Brooks maintains a Buy rating on Papa John's International but lowers the price target from $95 to $87.
The maintenance of a Buy rating by Benchmark suggests a positive outlook on Papa John's International's stock, indicating confidence in the company's future performance. However, the reduction in the price target from $95 to $87 might reflect a cautious stance due to potential challenges or slower than expected growth, which could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100