Papa John’s price target raised to $42 from $38 at UBS

UBS analyst Dennis Geiger raised the firm’s price target on Papa John’s (PZZA) to $42 from $38 and keeps a Neutral rating on the shares. Overall investor sentiment on the restaurant sector appears somewhat more cautious recently, with July trends softer than expected and increasing concern around consumer demand given the latest jobs report and potential tariff impacts, the analyst tells investors in a research note. While fast casual interest remains elevated, many are focused on near-term week-to-week sales and traffic data amid the choppy and volatile backdrop, UBS says.