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Following Analyst Input, Vetr Upgrades Panera To Buy

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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.

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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.

Latest Ratings for PNRA

DateFirmActionFromTo
Apr 2017Wells FargoDowngradesOutperformMarket Perform
Apr 2017Telsey Advisory GroupDowngradesOutperformMarket Perform
Apr 2017RBC CapitalDowngradesOutperformSector Perform

View More Analyst Ratings for PNRA
View the Latest Analyst Ratings

Posted-In: VetrUpgrades Price Target Restaurants Crowdsourcing Analyst Ratings

 

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