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Analyst Eyes Papa John’s Comparable Sales Amid Price-Value Concerns, Upgrades Stock To Hold

Stifel's Chris O'Cull shifts stance on Papa John's International to Hold, citing pragmatic near-term outlook. Despite lowering the price target to $60 amidst market turbulence, O'Cull emphasizes the stock's resilience. With -1% domestic comparable sales in Q1, challenges persist, particularly in a fiercely competitive market.

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Papa John’s Expansion: 50 New Restaurants Set To Spice Up America’s Pizza Scene

Papa John's International announces plans for 50 new restaurants by 2028 in collaboration with franchisee Nadeem Bajwa's The Bajco Group. With over two decades of franchisee experience, Bajwa aims to expand Papa John's presence across the Midwest, Arizona, Pennsylvania, and Florida, aligning with the company's Back to Growth Program.

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