Papa John's International shares are trading higher after Stifel upgraded the stock from Sell to Hold but lowered the price target from $65 to $60.
Portfolio Pulse from Benzinga Newsdesk
Papa John's International (PZZA) shares are trading higher following an upgrade by Stifel from Sell to Hold, despite a reduction in the price target from $65 to $60.
April 29, 2024 | 1:21 pm
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Papa John's International stock is trading higher after an analyst upgrade from Stifel, despite a lower price target.
The upgrade from Sell to Hold by Stifel indicates a more favorable outlook on PZZA by analysts, which can positively influence investor sentiment and stock price. However, the reduction in the price target from $65 to $60 suggests some caution, potentially limiting the upside.
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