El Pollo LoCo Sells Off As Analysts Step In
Up 38 percent since first trading as a public company, shares of El Pollo LoCo (NASDAQ: LOCO) are sharply selling off on the end of the analyst quiet period.
El Pollo LoCo was only assigned one positive rating, with three neutrals and one negative. Many interpret neutral ratings as bearish because sell side research is often very reluctant to assign Sell ratings, resorting to Neutral instead.
- Jefferies: Hold, $30 Price Target
- Morgan Stanley: Underweight, $22 Price Target
- Baird Neutral: $32 Price Target
- Stifel Nicolaus: Hold
- William Blair: Outperform
Shares of El Pollo LoCo were last trading at $31.14, down 6.2 percent on the session.
Latest Ratings for LOCO
|Jul 2016||Stifel Nicolaus||Downgrades||Buy||Hold|
|Apr 2016||SunTrust Robinson Humphrey||Downgrades||Buy||Neutral|
|Jan 2016||Sidoti & Co.||Initiates Coverage on||Buy|
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