Avery Schumer
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Papa John's Downgraded By Pacific Crest Analysts

Papa John's Int'l, Inc. shares have gained 31 percent year-to-date, and have surged 5 percent since October 1.

Pacific Crest’s David Canson downgraded the rating on the company to Sector Weight.

Given the rally in the company’s shares, there is unlikely to be further appreciation in the absence of significant EPS upside, Canson said.