Why Barclays Upgraded Panera Bread
August 20, 2014 at 13:12 PM EDT
Panera Bread (PNRA) has had a tough 2014, as its shares have dropped 14% so far this year. Trying to stay ahead of the curve, Barclays’ Jeffrey Bernstein and Tracy Ou upgraded Panera Bread to Overweight from Equal Weight. They explain why: Panera is a leader within the fast casual segment, and we compare it to [...]