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Potbelly rallies after Maxim upgrade

Oct. 10, 2018 9:31 AM ETPotbelly Corporation (PBPB) StockPBPBBy: Clark Schultz, SA News Editor
  • Potbelly (NASDAQ:PBPB) gets stirred up by an upgrade from Maxim to Buy from Hold.
  • The firm thinks the new menu changes at the chain could boost results next year. Potbelly could get also see a lift in some markets after the closure of Taylor Gourmet.
  • Maxim hikes the price target on PBPB to $15 from $13 to rep 18% upside potential.
  • Shares of Potbelly are up 1.41% in premarket trading to $12.25 vs. a 52-week trading range of $11.05 to $14.15.

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