Brocker.Org: Get Panera Bread on early supply company results, Goldman says

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Traders should really get Panera Bread shares mainly because the enlargement of its supply company will strengthen product sales, in accordance to Goldman Sachs, which upgraded the cafe chain to get from neutral.

“We are upgrading PNRA. … We have increasing self confidence in supply as a top-line driver and offset to greater levels of competition in the quick informal space,” analyst Karen Holthouse wrote in a observe to clientele Thursday. “We perspective [Panera’s] valuation as increasingly powerful.”

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