P.F. Chang's China Bistro

According to Piper Jaffray, P.F. Changs China Bistro (NASDAQ: PFCB) is downgraded to Neutral. Piper Jaffray said that it is downgrading shares of PFCB to Neutral (from Overweight) based on recent negative same-store sales trends (running in (3.0%) range in April) and a reduction in expected...

Piper Jaffray is out with its report today on P.F. Chang's China Bistro (NASDAQ: PFCB), maintaining Overweight. In a note to clients, Piper Jaffray writes, "With its higher-than-peer exposure to corporate spending (approximately 15%-30%), P.F. Chang's may benefit from a macro T&E rebound....

Wells Fargo is out with its report today on P.F. Chang's China Bistro (NASDAQ: PFCB), initiating PFCB at Outperform. In a note to clients, Wells Fargo writes, "Initiating coverage of PFCB with an Outperform rating based on valuation and our favorable view of the company's competitive positioning...

Piper Jaffray is out with its report today on P.F. Chang's China Bistro (NASDAQ: PFCB), reiterating Overweight. In a note to clients, Piper Jaffray writes, "With its higher-than-peer exposure to corporate spending (approximately 15%-30%), PF Chang's may benefit from a macro T&E rebound....

Sterne Agee has published a research report on P.F. Chang's China Bistro, Inc. (NASDAQ: PFCB) after the company appoints a new president and Sterne lowers 4Q EPS estimates. In the report, Sterne Agee writes "For the fourth quarter, we are lowering our EPS estimate by $0.02 from $0.57 to $0.55 given...

October period earnings are off to a decent start for the restaurant industry with many companies reporting solid comp and earnings results, Piper Jaffray reports. “In line with our broader industry themes, we expect company-specific results to remain bifurcated by segment, which we believe...