Potbelly sets the valuation bar high

Polar Capital's Brad Ginesin notes the frothy valuations of Buffalo Wild Wings and Panera Bread look downright cheap when compared to Potbelly (PBPB).

The sandwich shop operators trades with a four-digit P/E ratio and survived the first round of analyst initiations without any stinging Sell ratings.

PBPB +2.9% premarket to $30.29.

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