Feltl Upgrades Papa Johns (PZZA) to Hold Following Strong Q1

An analyst at Feltl & Co upgraded Papa Johns (NASDAQ: PZZA) from Sell to Hold Wednesday morning following the company's Q1 results Tuesday afternoon. The analyst's price target was raised from $36 to $43.

Shares have rallied more than 16 percent amid the results. With the stock last trading at $46.05, Feltl's new price target actually implies potential downside of nearly 7 percent.

For an analyst ratings summary and ratings history on Papa Johns click here. For more ratings news on Papa Johns click here.

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