Piper Sandler Assumes Krispy Kreme at Neutral, Announces Price Target of $16
Portfolio Pulse from richadhand@benzinga.com
Piper Sandler analyst Brian Mullan assumes coverage of Krispy Kreme (NASDAQ:DNUT) with a Neutral rating and announces a price target of $16.
June 14, 2023 | 10:02 am
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NEUTRAL IMPACT
Piper Sandler analyst Brian Mullan assumes coverage of Krispy Kreme with a Neutral rating and a price target of $16.
The news directly mentions Krispy Kreme (NASDAQ:DNUT) and the Neutral rating from Piper Sandler analyst Brian Mullan, along with a price target of $16. This rating suggests that the stock is expected to perform in line with the market, which may not have a significant short-term impact on the stock price. The importance is high as it is a rating from a well-known analyst, and the confidence in the analysis is also high due to the direct mention of the company and the analyst's reputation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100