Zacks Investment Research downgraded shares of PAPA JOHNS INTL (PZZA) from OUTPERFORM to NEUTRAL on November 12, 2012, with a target price of $57.50.
Papa John's Intl, Inc. operates & franchises pizza delivery and carry-out restaurants under the trademark "”Papa John’s””. The Co.’s objective is to become the leading chain of pizza delivery restaurants in each of its targeted markets. To accomplish this objective, the Company has developed a strategy designed to achieve high levels of customer satisfaction & repeat business, as well as to establish recognition & acceptance of the Papa John’s brand. High Quality Menu, Efficient Operating System, Commitment to Employee Training, Cost-Effective Marketing, & Franchise System.
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