JPMorgan upgraded PAR Technology Corporation to Neutral from Underweight and raised its price target to $16 from $12 on June 9, citing a technical error in its May 29 initiation report that overstated the share count. The current share count excludes dilutive securities. On June 16, PAR announced that franchise brand Pizza Factory will adopt its unified suite of solutions across 110 locations to advance its technology stack and operational growth. CEO Savneet Singh stated that pizza is a core strategic focus for PAR and the partnership will support further innovation. Analysts covering the stock are 78% Buy and 22% Neutral, with a one-year median price target of $26.50, implying a 73.32% upside.
PAR Technology CorporationJPMorgan upgraded to Neutral and raised price target to $16
JPMorgan Chase & Co