Piper Sandler Initiates Coverage On Dine Brands Global with Neutral Rating, Announces Price Target of $63
Portfolio Pulse from richadhand@benzinga.com
Piper Sandler analyst Brian Mullan has initiated coverage on Dine Brands Global (NYSE:DIN) with a Neutral rating and a price target of $63.
July 18, 2023 | 9:08 am
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NEUTRAL IMPACT
Dine Brands Global has been initiated with a Neutral rating by Piper Sandler, with a price target of $63.
The initiation of coverage by Piper Sandler with a Neutral rating suggests that the firm sees the stock as fairly valued at current levels. The price target of $63 indicates where they believe the stock will trade in the near future. This could influence investor sentiment and trading behavior, but the neutral rating suggests no significant price movement in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100