Piper Jaffray Increases EPS Estimates Of Panera

According to Piper Jaffray, Panera Bread PNRA, EPS estimates are increased. Piper Jaffray increased EPS estimates of Panera Bread from $4.51 to $4.56 for FY11 and from $5.10 to $5.15 for FY12. PT of $148 and Overweight rating are maintained. Panera Bread closed yesterday at $129.28.
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Posted In: Analyst ColorUpgradesPrice TargetReiterationAnalyst RatingsConsumer DiscretionaryPiper JaffrayRestaurants
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