Panera Bread Co (PNRA) Reports In-Line Q3 EPS; Lowers Q4 Outlook
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Deutsche Bank Downgrades Panera Bread (PNRA) to Hold
October 24, 2013 8:41 AM EDTDeutsche Bank downgraded Panera Bread (NASDAQ: PNRA) from Buy to Hold with a price target of $145.00 (from $185.00). Analyst Jason West doesn't' believe there is a quick fix to the company's difficulties.
"We are downgrading PNRA to Hold from Buy given: 1) weakening sales trends... More
KeyBanc Downgrades Panera Bread (PNRA) to Hold
October 23, 2013 6:56 AM EDTKeyBanc downgraded Panera Bread (NASDAQ: PNRA) from Buy to Hold, following Q3 results, citing less confidence 2014 SRS will benefit from transaction-driving initiatives, including national advertising.
"In our preview note (October 15), we stated August and September same-restaurant sales results should be a good indication of... More
