PZZA: We Are Removing Papa Johns from Investing Ideas

01/10/20 10:32AM EST

A quick note from Hedgeye CEO Keith McCullough:

With the stock approaching the top-end of its @Hedgeye Risk Range and Howard Penney developing some competitive concerns (Caesar’s delivery)… and another rate of change slow-down in today’s US jobs report, I’m going to take this idea off, for now.

***No change to Restaurants analyst Howard Penney's fundamental long thesis on Papa Johns.

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