Panera Bread Hits High As Analysts Pile On Upgrades
Panera Bread (PNRA) shot up to a record high on the stock market today as Goldman Sachs upgraded the bakery-cafe operator, citing improving customer demand. It was the latest in a string of upgrades for Panera, which has posted double-digit sales and profit gains the last three years in a row. Sanford C. Bernstein initiated coverage on March 22 with an outperform rating and 190 price target. And Raymond James raised its rating Wednesday, citing
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