BTIG Remains Bullish on Papa John's (PZZA) Amid Competition Concerns; Reaffirms at 'Buy'

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Jefferies Remains Sidelined on Papa John's (PZZA) as Lower Costs Drive EPS Upside

February 25, 2016 9:18 AM EST

Jefferies reiterated a Hold rating on Papa John's (NASDAQ: PZZA), and cut the price target to $58.00 (from $64.00), following the company's 4Q earnings report. EPS came in at $0.62, beating the consensus of $0.57, as lower commodity costs and reduced auto insurance expenses drove upside. '16... More