Craig-Hallum Maintains Buy on Potbelly, Lowers Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Jeremy Hamblin maintains a Buy rating on Potbelly (NASDAQ:PBPB) but lowers the price target from $20 to $16.

August 09, 2024 | 4:19 pm
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NEUTRAL IMPACT
Craig-Hallum analyst Jeremy Hamblin maintains a Buy rating on Potbelly but lowers the price target from $20 to $16.
The Buy rating suggests continued confidence in Potbelly's performance, but the lowered price target indicates some caution about its short-term prospects. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100