Potbelly (PBPB) PT, Estimates Lifted at BofA/Merrill Lynch Post Q4

BofA/Merrill Lynch analyst Joseph Buckley raised his price target on Potbelly Corp (NASDAQ: PBPB) to $17.00 (from $15.00) following Q4 results but maintained a Neutral rating following better-than-expected Q4 results with SSS up 3.7%.

The firm is raising FY 2015 EPS from $0.26 to $0.26 and FY 2016 EPS from $0.33 to $0.34. They also set FY 2017 EPS at $0.41.

For an analyst ratings summary and ratings history on Potbelly Corp click here. For more ratings news on Potbelly Corp click here.

Shares of Potbelly Corp closed at $14.20 yesterday.

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