Panera Bread (PNRA) closes the year around $178 a share. While Hanesbrands (HBI) closes the year around $70 per share and Under Armour (UA) at $87.
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Jefferies raises the price target of Panera Bread (PNRA) to $202 from $190.
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Goldman Sachs upgrades Panera Bread to ‘conviction buy’, the equivalent of a “strong buy”…. we had issued an Overweight Recommendation on Panera last month with a price target of $208.
Both BMO Capital and Lazard have raised their outlook on Panera Bread to outperform. Lazard even put a price target of $201. This is slightly lower than our price estimate on $208. Nonetheless, this should be an indication of the quality of research published on this website.