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RBC Downgrades PF Chang's (PFCB) to Sector Perform

April 23, 2009 11:47 AM EDT
PFCB Hot Sheet
Rating Summary:
    3 Buy, 14 Hold, 0 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 16 | Down: 7 | New: 23
RBC Capital downgrades PF Chang's China Bistro (Nasdaq: PFCB) from Outperform to Sector Perform.

The downgrade follows yesterday's 20% run-up on the back of better-than-expected Q1 earnings. PF Chang's also issued FY09 guidance that was above the Street estimates.

Visit our Analyst Ratings page for PF Chang's to see all the upgrades/downgrades on the stock.

P.F. Chang's China Bistro, Inc., through its subsidiaries, engages in the ownership and operation of restaurants in the United States.

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