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Analysts Cut Papa John's Price Target After Q1 Results

By Shivani Kumaresan
  • Several analysts lowered the price target on Papa John's International Inc (NASDAQ:PZZA) following the company's Q1 results.
  • BMO Capital analyst Andrew Strelzik reduced the price target to $130 from $145 but maintained an Outperform rating on the shares.
  • Deutsche Bank analyst Brian Mullan decreased the price target to $109 (25% upside) from $122 and maintained a Hold rating on the shares.
  • Wedbush analyst Nick Setyan lowered the price target to $112 (28% upside) from $120 and kept an Outperform rating on the shares, implying a 26.6% upside.
  • Credit Suisse analyst Lauren Silberman maintained an Outperform and lowered the price target to $130 (49% upside) from $150.
  • Price Action: PZZA shares are trading lower by 1.79% at $88.43 on the last check Friday.
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Dive Deeper:
Despite Seeing Accelerated 2023 Growth, This Analyst Cut Penumbra's Price Target - Here's Why
Penumbra Inc (NYSE:PEN) reported Q1 sales that beat Street expectations, driven by Vascular upside, and reiterated its 2022 revenue guidance.  Wells Fargo lowered the…
Why This AMD Analyst Is Lowering Price Target After Chipmaker's Stellar Q1
Advanced Micro Devices, Inc. (NASDAQ: NASDAQ) reported forecast-beating quarterly results on Tuesday and raised its full-year revenue guidance.
5 AMD Analysts Weigh In On Blowout Q1 Earnings: Why 2 Reduced Price Targets
Advanced Micro Devices, Inc. (NASDAQ: AMD) reported first-quarter earnings after the bell on Tuesday.
Here's Why AvidXchange Shares Are Trading Higher On A Down Market Day
AvidXchange Holdings, Inc (NASDAQ:AVDX) reported first-quarter FY22 revenue growth of 29% year-on-year to $71.2 million, beating the consensus of $67.97 million. The non-GAAP…
One subscription that gives you access to news from hundreds of sites
What's Going On With AutoCanada Shares Today
AutoCanada Inc. (TSX:ACQ) (OTC:AOCIF) was downgraded to Sector Perform from Outperform, and the price target was lowered to C$37 from C$52 by National Bank analyst…
Credit Suisse Maintains Outperform Rating for AppLovin: Here's What You Need To Know
Credit Suisse has decided to maintain its Outperform rating of AppLovin (NASDAQ:APP) and lower its price target from $112.00 to…
Get all your news in one place