Papa John's recent pullback a buying opportunity, says KeyBanc KeyBanc said recent weakness in Papa John's related to financial restatement and SRS performance concerns is overdone. The firm said fundamental performance remains strong and that 2013 growth should beat guidance range of 12%16%. Shares are Buy rated with a $62 price target.
News For PZZA From The Last 14 Days
Check below for free stories on PZZA the last two weeks.
Papa John's board approves $100M increase in repurchase plan Papa John's disclosed in a regulatory filing that on December 5, the board of the company approved an increase of $100M in the amount of the company’s common stock that may be repurchased by the company from time to time through December 31, 2014. Approximately $125.7M remains available for repurchase under the increased authorization.