UPDATE: Oppenheimer Raises PT on Panera Bread on Expected Range-Bound Cycle End
April 03, 2013 at 15:16 PM EDT
In a report published Wednesday, Oppenheimer analyst Brian Bittner reiterated an Outperform rating on Panera Bread Co. (NASDAQ: PNRA ), and raised the price target from $190.00 to $200.00. In the report, Bittner noted, “A range-bound stock for over a year, we believe the ‘buy' opportunity is now. We expect