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