Goldman Sachs upgrades Panera Bread (PNRA) to a Conviction Buy rating from Neutral as the firm...


Goldman Sachs upgrades Panera Bread (PNRA) to a Conviction Buy rating from Neutral as the firm sees strong sales and margins trends. The firm raises its price target on the restaurant operator to $215 from $186.

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Comments (2)
  • mitrado
    , contributor
    Comments (2033) | Send Message
     
    A Goldman Sachs Upgrade close to Earnings Release is usually an indication to sell. Let's see how this goes.
    4 Apr 2013, 08:00 AM Reply Like
  • frosty
    , contributor
    Comments (720) | Send Message
     
    GS removed APPL from its conviction buy list and revised its target to $525 (22% increase from present value), then adds Panera with a target of $215 (16% increase from present value). So what other criteria go into deciding a 'conviction buy'?
    4 Apr 2013, 08:08 AM Reply Like
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