Market Currents
Piper Jaffray clips its rating on Panera Bread (PNRA) to Underweight from Overweight with its...
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Monday, July 16, 2012, 7:43 AM ETPiper Jaffray clips its rating on Panera Bread (PNRA) to Underweight from Overweight with its contrarian view that "human capital trumps financial capital." While many analysts on the Street stay wildly bullish on the Panera growth story, Piper cites concerns over the strategical direction of management.
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Waste of time reading unexplained clips.