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Stock Market & Financial Investment News

News Breaks
January 8, 2014
05:50 EDTPNRAPanera Bread upgraded to Outperform from Market Perform at Wells Fargo
Wells Fargo upgraded Panera Bread on expectations transaction growth will pick-up in 2014, leading to a higher share price. Wells raised its price target range for shares to $195-$205 from $150-$156. Shares of Panera closed yesterday up 53c to $174.13.
News For PNRA From The Last 14 Days
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August 19, 2015
10:00 EDTPNRAOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Biocept (BIOC) initiated with a Buy at H.C. Wainwright... C.H. Robinson (CHRW) initiated with a Buy at Evercore ISI... Chipotle (CMG) initiated with a Hold at Maxim... Con-way (CNW) initiated with a Buy at Evercore ISI... Dermira (DERM) initiated with an Outperform at Cowen... Expeditors (EXPD) initiated with a Hold at Evercore ISI... Fleetmatics (FLTX) initiated with an In-Line at Imperial Capital... Frontier Communications (FTR) initiated with an Overweight at Stephens... Gevo (GEVO) initiated with a Buy at Rodman & Renshaw... International Game (IGT) initiated with a Sell at Goldman... Knight Transportation (KNX) initiated with a Buy at Evercore ISI... Logitech (LOGI) initiated with a Buy at Rosenblatt... Navistar (NAV) initiated with a Neutral at Macquarie... Panera Bread (PNRA) initiated with a Hold at Maxim... Scientific Games (SGMS) initiated with a Sell at Goldman... Swift Transport (SWFT) initiated with a Hold at Evercore ISI... Tribune Media (TRCO) initiated with an Equal Weight at Morgan Stanley... WEX Inc. (WEX) initiated with an Equal Weight at Barclays... Zoe's Kitchen (ZOES) initiated with a Buy at Maxim.
08:46 EDTPNRAPanera Bread remains our top restaurant pick, says Cowen
Cowen said Panera Bread remains their top restaurant pick after meeting with management. They noted management was bullish given encouraging Q2 results and are trying to balance attention and resources for 2.0 conversions while protecting profitability. Cowen reiterated its Outperform rating and $245 price target on Panera Bread shares.

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