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Wedblush upgrades Papa John’s to ‘outperfom’ as it sees scope for margin expansion

Wed 06 Sep 23, 12:09 PM | Akanksha Vashisht

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Summary

Restaurant chain operator Papa John’s International (NASDAQ: PZZA) received a rating upgrade from broker Wedblush. The brokerage upgraded PZZA to ‘outperform’ from ‘neutral’ and also raised the price target on the stock.

As per Refinitiv, PZZA has an overall mean recommendation rating of 1.9 on a scale of one to five. Here, one stands for a ‘strong buy’ rating and five is a ‘strong self’ rating.

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