Aug 18, 2011 (SmarTrend(R) Spotlight via COMTEX) --&

Panera Bread (PNRA) upgraded to Outperform from Perform at Oppenheimer. The stock closed yesterday at $106.52 on volume of 469,100 shares, below average daily volume of 564,945.&

Panera Bread is currently below its 50-day moving average of $120.19 and below its 200-day moving average of $113.37.&

SmarTrend currently has shares of Panera Bread in an Downtrend and issued the Downtrend alert on July 27, 2011 at $119.52. The stock has fallen 10.9% since the Downtrend alert was issued.&

Write to Chip Brian at cbrian@mysmartrend.com&

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