Janney Cuts P.F. Chang's (PFCB) to Neutral Amid Lowered FY11 Outlook

July 27, 2011 11:37 AM EDT
Get Alerts PFCB Hot Sheet
Price: $51.47 --0%

Rating Summary:
    2 Buy, 11 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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An analyst at Janney Capital downgraded shares of P.F. Chang's (NASDAQ: PFCB) from Buy to Neutral this morning following the company's Q2 earnings report and reduced FY11 guidance. The firm cut its price target on the stock from $46 to $36.

The stock has tumbled about 14 percent to around $33.76 Wednesday morning.

For more ratings news on P.F. Changs click here and for the rating history of P.F. Changs click here.


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