Jefferies Upgrades Panera Bread (PNRA) to Buy; Earnings Power Being Underestimated

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KeyBanc Upgrades Panera Bread (PNRA) to Overweight

April 19, 2016 6:39 AM EDT

KeyBanc upgraded Panera Bread (NASDAQ: PNRA) from Sector Weight to Overweight with a price target of $240.00. Analyst Chris O'Cull thinks the company is near an inflection and he sees a return to EPS growth.

"We believe the Company has reached an inflection where it will start to deliver noticeable returns on the... More