Deutsche Bank Boosts Price Target on Panera (PNRA) to $195
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Price: $314.93 --0%
Rating Summary:
12 Buy, 15 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 10 | Down: 11 | New: 53
Rating Summary:
12 Buy, 15 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 10 | Down: 11 | New: 53
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Deutsche Bank boosted its price target on Buy-rated Panera Bread (NASDAQ: PNRA) from $165 to $195 to reflect our confidence that the company can again beat earnings expectations in 2012.
"PNRA has established a strong track record of exceeding initial earnings guidance over the past 4 yrs (12% avg. upside to initial guidance from 2008-11). We believe 2012 could play out in a similar fashion," the analyst comments.
For an analyst ratings summary and ratings history on Panera Bread click here. For more ratings news on Panera Bread click here.
Shares of Panera Bread closed at $164.27 yesterday.
"PNRA has established a strong track record of exceeding initial earnings guidance over the past 4 yrs (12% avg. upside to initial guidance from 2008-11). We believe 2012 could play out in a similar fashion," the analyst comments.
For an analyst ratings summary and ratings history on Panera Bread click here. For more ratings news on Panera Bread click here.
Shares of Panera Bread closed at $164.27 yesterday.
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