Keybanc Maintains Overweight on Dine Brands Global, Lowers Price Target to $68
Portfolio Pulse from richadhand@benzinga.com
Keybanc analyst Eric Gonzalez maintains an Overweight rating on Dine Brands Global (NYSE:DIN) but lowers the price target from $78 to $68.
July 19, 2023 | 8:22 am
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Dine Brands Global's price target has been lowered from $78 to $68 by Keybanc, though the Overweight rating is maintained.
The lowering of the price target by Keybanc indicates a potential decrease in the stock's value. However, the maintained Overweight rating suggests that the stock is still expected to outperform. This mixed signal could lead to short-term uncertainty and potential downward pressure on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100