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Wedbush Reiterates a 'Neutral' on Panera Bread (PNRA); Raises PT

October 29, 2009 9:02 AM EDT
PNRA Hot Sheet
Rating Summary:
    6 Buy, 5 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 16 | Down: 7 | New: 23
Wedbush reiterates a 'Neutral' rating on Panera Bread (Nasdaq: PNRA), raises price target from $53 to $58.

Wedbush analyst says, "Quality beat on sales and margins...Solid SSS guidance separating PNRA from the pack. Catering, new products, and advertising should support 2010 SSS. Pricing still a risk; feedback on the 4Q test will be key."

To see more analyst ratings on PNRA Click Here.


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