Morgan Stanley Opens 60-Day Research Tactical Idea on PF Chang's China Bistro

Morgan Stanley has published a research report on PF Chang's China Bistro PFCB believing the share price will rise over the next 60 days. In the report, Morgan Stanley writes, "We believe sales trends at PFCB's Bistro brand are trending ahead of expectations thus far in 2012 Thus we think sentiment on the name will improve when mgmt presents at a number of investor conferences over the next few weeks, the first being March 7th." Morgan Stanley maintains its Equal-weight rating on PF Chang's, which closed Friday at $38.08.