The average of price targets set by Wall Street analysts indicates a potential upside of 64% in Portillo's Inc. (PTLO). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
OAK BROOK, Ill., March 06, 2024 (GLOBE NEWSWIRE) -- Portillo’s Inc. (Nasdaq: PTLO) (“Portillo’s” or the “Company”), the fast-casual restaurant concept known for its menu of Chicago-style favorites, today announced that CEO Michael Osanloo and CFO Michelle Hook will appear at two upcoming investor conferences. The Company will present at the BofA Securities 2024 Consumer & Retail Conference on Tuesday, March 12, 2024 at 1:50 p.m. Eastern Time, and at the UBS Global Consumer & Retail Conference on
CHICAGO, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Portillo’s Inc. (“Portillo’s” or the “Company”) (Nasdaq: PTLO), the fast-casual restaurant concept known for its menu of Chicago-style favorites, today announced the pricing of its previously announced underwritten public offering of 8,000,000 shares of Portillo’s Class A common stock (“Class A common stock”). The offering is expected to result in gross proceeds to the Company (before expenses and underwriter discounts and commissions) of approximately