KeyBanc Downgrades Papa John’s: Here’s Why Investors Should Take Note
Papa John’s Downgraded by KeyBanc Analyst Analyst Eric Gonzalez’s Outlook KeyBanc analyst Eric Gonzalez recently downgraded Papa John’s to Sector Weight from Overweight without a price target. The firm’s industry conversations at the Restaurant Finance and Development Conference have suggested that a recovery in Papa John’s sales trends and store-level profitability metrics could take longer…