Popeyes Louisiana Kitchen (PLKI) Tops Q3 EPS by 6c

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Jefferies Downgrades Popeyes Louisiana Kitchen (PLKI) to Hold on Valuation

November 11, 2016 6:39 AM EST

Jefferies downgraded Popeyes Louisiana Kitchen (NASDAQ: PLKI) from Buy to Hold but maintains a price target of $63, citing valuation.

Analyst Alexander Slagle commented, "Following the rally in the stock since the election and solid 3Q, the stock has approached our PT of... More