BofA analyst Sara Senatore raised the firm’s price target on Portillo’s (PTLO) to $18 from $16 and keeps a Buy rating on the shares. The firm is fine-tuning estimates for companies across its ...

Morgan Stanley analyst Brian Harbour lowered the firm’s price target on Portillo’s (PTLO) to $13 from $15 and keeps an Equal Weight rating on the shares. The firm sees “reason for cautious ...

What Happened? Shares of casual restaurant chain Portillo’s (NASDAQ:PTLO) jumped 7.8% in the afternoon session after Stifel ...

Shares of Portillo's Inc. ($PTLO) soared more than 7% on Monday, rising 0.7% in the after-hours session, after the restaurant ...

Portillo’s (NASDAQ:PTLO – Get Free Report) had its price target dropped by stock analysts at Morgan Stanley from $15.00 to $13.00 in a note issued to investors on Tuesday,Benzinga reports.

Of course, many fast-casuals have become ‘immune’ to this movement, as they offer larger, tastier portions than fast-food at similar price points. This was not the case for Portillo’s.

but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements. For Portillo's Inc., the consensus EPS estimate for the ...