Several other research firms have also recently issued reports on PTLO. Morgan Stanley assumed coverage on Portillo’s in a research report on Tuesday, June 28th. They set an “equal weight” rating and a $19.00 target price for the company. Piper Sandler increased their target price on Portillo’s from $23.00 to $27.00 and gave the stock an “overweight” rating in a research report on Friday. Four investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $43.67.