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The Vetr crowd upgraded their rating for Panera Bread Co (NASDAQ:PNRA) on Monday, from 3 stars (Hold), issued 24 days ago, to 4 stars (Buy). Crowd sentiment for Panera is mostly positive, with 83 percent of Vetr user ratings bullish.
Share price in Panera has dropped more than 3 percent since last week's high of $216.85, as several analysts expressed some mixed opinions on the future potential of the restaurant sector. Panera did receive an upgrade from Goldman Sachs, putting the bakery restaurant as a Buy on January 19. Panera was trading around $210.50.
See how crowdsourced ratings could help you time the market.
Currently, the Vetr crowd's average target price for the stock is up at $229.00, which is below the average analyst rating of $234.27. Less than 2 percent of Vetr users are holding PNRA in their watch-lists.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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