- KeyBanc analyst Eric Gonzalez maintained an Overweight rating on Papa John’s International Inc (NASDAQ:PZZA) shares and lowered the price target to $105 from $110 (14% upside).
- The analyst thinks Papa John’s 2Q22 International segment trends missed consensus forecasts, primarily due to volatility in the U.K.
- Gonzalez further added that the company’s lower margin guidance suggests inflation pressures are likely to persist for longer than previously anticipated.
- The company reported $522.67 million in Q2 revenue, missing the consensus of $529.63 million.
- Price Action: PZZA shares closed lower by 2.07% at $91.95 on Friday.
JMP Securities Reiterates Market Outperform on Hanover Insurance Gr, Maintains $170 Price Target
JMP Securities analyst Matthew Carletti reiterates Hanover Insurance Gr (NYSE:THG) with a Market Outperform and maintains $170 price target.
