Vetr Crowd Cuts Panera To 2.5-Star Stock

Shares of Panera Bread Co PNRA hit a new 52-week high on Tuesday, but Vetr top raters aren't fully convinced the stock has further momentum ahead. Vetr top raters downgraded Panera Bread's stock rating to 2.5-stars out of a possible 5-stars. Despite a downgrade, 83 percent of the crowd's ratings are bullish but the crowd sourced price target of $196.06 implies a potential downside just shy of 5 percent. Related link: Here's how crowdsourced ratings can beat the market.

Vetr top raters are showing a more bullish stance on other restaurant peers. For example, the Vetr crowd rates Shake Shack Inc SHAK's stock 4-stars out of 5 and 75 percent of the crowd's ratings are bullish. In addition, the crowd sourced price target of $41.11 implies an upside more nearly 12 percent.