New Papa John's Bull Isn't Spooked by Domino's-Uber Deal -- Market Talk

Dow Jones2023-09-01

1033 ET - Wedbush analysts are turning bullish on Papa John's and see a variety of mitigating factors to fears that Domino's partnering with Uber's food-delivery apps might take market share away from Papa John's. When Little Caesars and Pizza Hut entered the third-party delivery game, the whole category expanded and it didn't impact the outsized growth that Papa John's was seeing, the analysts say, adding that the Domino's rollout is relatively gradual. They also believe Papa John's has sales growth expectations that are relatively low, and that management's incremental focus on relative value has gone underappreciated. They upgrade the stock to an outperform rating. Shares rise 3% to $77.89. (dean.seal@wsj.com)

(END) Dow Jones Newswires

September 01, 2023 10:33 ET (14:33 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2364446204?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2023-09-01 22:33","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2364446204","market":"us","top_or_hot":-1,"title":"New Papa John's Bull Isn't Spooked by Domino's-Uber Deal -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1033 ET - Wedbush analysts are turning bullish on Papa John's and see a variety of mitigating factors to fears that Domino's partnering with Uber's food-delivery apps might take market share away from Papa John's. When Little Caesars and Pizza Hut entered the third-party delivery game, the whole category expanded and it didn't impact the outsized growth that Papa John's was seeing, the analysts say, adding that the Domino's rollout is relatively gradual. They also believe Papa John's has sales growth expectations that are relatively low, and that management's incremental focus on relative value has gone underappreciated. They upgrade the stock to an outperform rating. Shares rise 3% to $77.89. (dean.seal@wsj.com) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 01, 2023 10:33 ET (14:33 GMT)\n</p>\n<p>\n  Copyright (c) 2023 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>New Papa John's Bull Isn't Spooked by Domino's-Uber Deal -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNew Papa John's Bull Isn't Spooked by Domino's-Uber Deal -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-09-01 22:33</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1033 ET - Wedbush analysts are turning bullish on Papa John's and see a variety of mitigating factors to fears that Domino's partnering with Uber's food-delivery apps might take market share away from Papa John's. When Little Caesars and Pizza Hut entered the third-party delivery game, the whole category expanded and it didn't impact the outsized growth that Papa John's was seeing, the analysts say, adding that the Domino's rollout is relatively gradual. They also believe Papa John's has sales growth expectations that are relatively low, and that management's incremental focus on relative value has gone underappreciated. They upgrade the stock to an outperform rating. Shares rise 3% to $77.89. (dean.seal@wsj.com) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 01, 2023 10:33 ET (14:33 GMT)\n</p>\n<p>\n  Copyright (c) 2023 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4588","symbol_name":"碎股","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2364446204","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2364446204","pubTimestamp":1693578780,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1033 ET - Wedbush analysts are turning bullish on Papa John's and see a variety of mitigating factors to fears that Domino's partnering with Uber's food-delivery apps might take market share away from Papa John's. When Little Caesars and Pizza Hut entered the third-party delivery game, the whole category expanded and it didn't impact the outsized growth that Papa John's was seeing, the analysts say, adding that the Domino's rollout is relatively gradual. They also believe Papa John's has sales growth expectations that are relatively low, and that management's incremental focus on relative value has gone underappreciated. They upgrade the stock to an outperform rating. Shares rise 3% to $77.89. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4588":"碎股","BK4585":"ETF&股票定投概念","LU1804176565.USD":"EASTSPRING INV GLOBAL GROWTH EQUITY \"A\" (USD) ACC","BK4524":"宅经济概念","YUM":"Yum Brands","UBER":"优步","LU2265009873.SGD":"Eastspring Investments - Global Growth Equity AS SGD-H","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","BK4532":"文艺复兴科技持仓","LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC","LU2087625088.SGD":"ALLSPRING  US ALL CAP GROWTH \"A\" (SGDHDG) ACC","BK4209":"餐馆","BK4504":"桥水持仓","DPZ":"达美乐比萨","LU2065731478.USD":"ALLSPRING (LUX) WORLDWIDE FUND - SMALL CAP INNOVA \"I\" (USD) ACC","PZZA":"棒约翰"},"translate_title":"新棒约翰的公牛没有被达美乐——优步交易——市场言论吓到","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PZZA":1,"DPZ":0.9,"YUM":0.9,"UBER":1},"content_text":"1033 ET - Wedbush analysts are turning bullish on Papa John's and see a variety of mitigating factors to fears that Domino's partnering with Uber's food-delivery apps might take market share away from Papa John's. When Little Caesars and Pizza Hut entered the third-party delivery game, the whole category expanded and it didn't impact the outsized growth that Papa John's was seeing, the analysts say, adding that the Domino's rollout is relatively gradual. They also believe Papa John's has sales growth expectations that are relatively low, and that management's incremental focus on relative value has gone underappreciated. They upgrade the stock to an outperform rating. Shares rise 3% to $77.89. (dean.seal@wsj.com) \n\n\n  (END) Dow Jones Newswires\n\n\n  September 01, 2023 10:33 ET (14:33 GMT)\n\n\n  Copyright (c) 2023 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.13","shortVersion":"4.35.13","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2364446204","isCrawlerRequest":true}