Panera Bread

Piper Jaffray has raised the price target on Panera Bread (NASDAQ: PNRA) from $125 to $136 and maintains its Overweight rating.

SunTrust has downgraded Panera Bread (NASDAQ: PRNA) from Buy to Neutral.

Panera is opening their second 'pay what you can' location in Dearborn, Michigan. In a NPR article, The Detroit News reports, "Panera learned from the Clayton shop (the original 'pay what you can') that 20 percent of patrons give more than the suggested donation, 60 percent give about the same...

Panera Bread Company (NASDAQ: PNRA) continues to deliver robust SSS driven by increased marketing spend and media impressions, catering, and new product introductions, Oppenheimer reports. “Management raised 2010 guidance and issued 2011 guidance ahead of our estimates,” Oppenheimer writes. “SSS...