Keybanc Maintains Overweight on Papa John's International, Lowers Price Target to $78
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Eric Gonzalez has maintained an Overweight rating on Papa John's International (PZZA) but lowered the price target from $84 to $78.

April 09, 2024 | 9:05 am
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NEUTRAL IMPACT
Keybanc maintains an Overweight rating on Papa John's International but lowers the price target from $84 to $78.
While the maintenance of an Overweight rating suggests continued confidence in Papa John's International's fundamentals and growth prospects, the reduction in the price target could indicate concerns about near-term challenges or valuation adjustments. This mixed signal might lead to a neutral short-term impact on the stock price as investors weigh the positive rating against the lowered price target expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100