William Blair Downgrades Driven Brands Hldgs to Market Perform
Portfolio Pulse from richadhand@benzinga.com
William Blair analyst Sharon Zackfia has downgraded Driven Brands Holdings (NASDAQ:DRVN) from Outperform to Market Perform.

August 04, 2023 | 11:13 am
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Driven Brands Holdings has been downgraded from Outperform to Market Perform by William Blair analyst Sharon Zackfia.
Analyst ratings often have a direct impact on stock prices. A downgrade from Outperform to Market Perform suggests that the analyst believes the stock will not outperform the market in the near future. This could lead to a decrease in the stock price as investors adjust their expectations.
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