Wedbush Downgrades Dine Brands Global to Neutral, Lowers Price Target to $65
Portfolio Pulse from richadhand@benzinga.com
Wedbush analyst Nick Setyan downgraded Dine Brands Global (NYSE:DIN) from Outperform to Neutral and lowered the price target from $80 to $65.
June 14, 2023 | 11:16 am
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Dine Brands Global (NYSE:DIN) was downgraded from Outperform to Neutral by Wedbush analyst Nick Setyan, with a lowered price target of $65.
The downgrade from Outperform to Neutral and the lowering of the price target from $80 to $65 by Wedbush analyst Nick Setyan indicates a less optimistic outlook for Dine Brands Global. This could negatively impact the stock price in the short term as investors may adjust their positions based on the new rating and price target.
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IMPORTANCE 80
RELEVANCE 100