Portillo's Inc. (PTLO) Strengthens Leadership Team with first Chief Information Officer and Chief Marketing Officer Appointments

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Portillo's, Inc (PTLO) PT Lowered to $13 at UBS

May 8, 2024 6:06 AM EDT

UBS analyst Dennis Geiger lowered the price target on Portillo's, Inc (NASDAQ: PTLO) to $13.00 (from $18.00) while maintaining a Neutral rating.

The analyst comments "PTLO's 1Q results & commentary highlighted pressured traffic & sss, largely unchanged '24 guidance, and support for long-term restaurant development targets. Comp... More