Vetr Downgrades Panera To Sell

On Thursday, the Vetr crowd downgraded their rating for Panera Bread Co PNRA from 3 stars (Hold to 2.5 stars (Sell). Crowd sentiment at the time of the downgrade was generally cautious, with 60 percent of Vter user ratings bearish.

Share price in Panera has continued to rise off of a solid Q4 earnings report early in February. Since delivering that report, the stock is up nearly 10 percent. It closed today at $235.73.

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Currently, the Vetr crowd's average target price for Panera was down at $228.76, which is below the average analyst target price of $244.75. Less than 2 percent of Vetr users are holding PNRA in their watch lists.

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