您现在的位置是:休閑 >>正文
【】
休閑452人已围观
简介Papa John's International Inc. is poised to perform well as civil and political disruptions ahead of ...
Papa John's International Inc. is poised to perform well as civil and political disruptions ahead of a contentious U.S. election prompt Americans to stay in rather than eat out, according to KeyBanc Analyst Chris O'Cull.
The analyst upgraded the stock to "overweight" from "sector weight" and upped his price target to $80, which is the highest among analysts surveyed by Bloomberg.
SEE ALSO:Papa John's tumbles on sales miss, tepid profit outlookOn the heels of this upgrade, the stock is up more than 3 percent as of 11:00 a.m. New York time:

"After speaking with several large operators and industry contacts, we believe the recent decline in casual dining restaurant segment fundamentals—traffic down 3-5 percent the past several weeks—may be the result of consumers eating more at home amid the current political/social backdrop, which we believe could last through the November election," he writes. "We do not believe the consumer has 'entrenched,' but has likely shifted more in favor of convenience, benefiting pizza delivery operators like Papa John's."
While Americans may be bitterly divided on partisan lines, O'Cull thinks inexpensive Italian fare is something that transcends political affiliations.
SEE ALSO:Papa John’s is spending $100 million a year to clean up menuThis temporary trend towards eating in will prompt a wave of upward earnings-per-share revisions among the analyst community, which should buoy the stock.
The company is slated to report earnings after the market closes on Aug. 2.
Luke Kawa, Sebastian Silva and Joshua Fineman contributed to this report.
Tags:
转载:欢迎各位朋友分享到网络,但转载请说明文章出处“夫榮妻貴網”。http://new.maomao321.com/news/29b8699884.html
相关文章
This coloring book is here for all your relationship goals
休閑LONDON -- We are living through the golden age of celebrity relationships. Gone are the days of tort ...
【休閑】
阅读更多拉莫斯雙親:他相信自己會留在皇馬 絲毫沒有擔憂
休閑拉莫斯雙親 :他相信自己會留在皇馬 絲毫沒有擔憂_續約www.ty42.com 日期:2021-04-04 09:31:00| 評論(已有266945條評論) ...
【休閑】
阅读更多某俱樂部:交了1億調節費沒收發票 上港是不是不用交了
休閑某俱樂部:交了1億調節費沒收發票 上港是不是不用交了_費用www.ty42.com 日期:2021-04-04 10:31:00| 評論(已有266988條評論) ...
【休閑】
阅读更多