Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Panera Bread (NASDAQ:PNRA) Stock Price

Media headlines about Panera Bread (NASDAQ:PNRA) have trended somewhat positive this week, Accern reports. Accern identifies negative and positive news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Panera Bread earned a news impact score of 0.10 on Accern’s scale. Accern also assigned headlines about the company an impact score of 45.835036748664 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

PNRA has been the topic of several analyst reports. Sanford C. Bernstein reiterated an “outperform” rating on shares of Panera Bread in a research note on Monday, July 3rd. Zacks Investment Research upgraded shares of Panera Bread from a “hold” rating to a “buy” rating and set a $352.00 target price for the company in a research note on Tuesday, July 4th. Finally, BidaskClub cut shares of Panera Bread from a “buy” rating to a “hold” rating in a research note on Thursday, July 6th. One investment analyst has rated the stock with a sell rating, fourteen have issued a hold rating and nine have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $281.39.

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About Panera Bread

Panera Bread Company is a food service company. The Company is a national bakery-cafe concept. As of December 27, 2016, the Company operated 2,036 own and franchise-operated bakery-cafe locations in 46 states, the District of Columbia, and Ontario, Canada. It operates through three segments: Company bakery-cafe operations, franchise operations, and fresh dough and other product operations.

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