Up 38 percent since first trading as a public company, shares of El Pollo LoCo LOCO are sharply selling off on the end of the analyst quiet period.
El Pollo LoCo was only assigned one positive rating, with three neutrals and one negative. Many interpret neutral ratings as bearish because sell side research is often very reluctant to assign Sell ratings, resorting to Neutral instead.
- Jefferies: Hold, $30 Price Target
- Morgan Stanley: Underweight, $22 Price Target
- Baird Neutral: $32 Price Target
- Stifel Nicolaus: Hold
- William Blair: Outperform
Shares of El Pollo LoCo were last trading at $31.14, down 6.2 percent on the session.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in