Alert: Major Price Advance (1/8/24)-Potbelly Corp (NASDAQ: PBPB).

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Potbelly Corp (NASDAQ: PBPB) stock closed at $12.12 on 1/8/24 after a major increase of 11.9%. Moreover, trading volume in this advance was exceptionally high at 541% of normal. The stock has risen 15.5% during the last week and has been strong relative to the market over the last nine months.

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Current PriceTarget Research Rating

PBPB’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to be a major Value Builder.

Potbelly has a current Value Trend Rating of D (Negative). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Potbelly has a very low Appreciation Score of 6 but a good Power Rating of 73, with the Negative Value Trend Rating the result.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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