Analysts Cut Papa John's Price Target After Q1 Results

by Shivani Kumaresan, Benzinga Staff Writer

May 6, 2022 2:30 PM | 1 min read |

Several analysts lowered the price target on Papa John's International Inc PZZA following the company's Q1 results.
BMO Capital analyst Andrew Strelzik reduced the price target to $130 from $145 but maintained an Outperform rating on the shares.
Deutsche Bank analyst Brian Mullan decreased the price target to $109 (25% upside) from $122 and maintained a Hold rating on the shares.
Wedbush analyst Nick Setyan lowered the price target to $112 (28% upside) from $120 and kept an Outperform rating on the shares, implying a 26.6% upside.
Credit Suisse analyst Lauren Silberman maintained an Outperform and lowered the price target to $130 (49% upside) from $150.
Price Action: PZZA shares are trading lower by 1.79% at $88.43 on the last check Friday.