Credit Suisse Maintains Neutral on Driven Brands Hldgs, Lowers Price Target to $17
Portfolio Pulse from jenniferd'souza@benzinga.com
Credit Suisse analyst Karen Short has maintained a Neutral rating on Driven Brands Holdings (NASDAQ:DRVN) and lowered the price target from $31 to $17.
August 04, 2023 | 1:27 pm
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NEGATIVE IMPACT
Driven Brands Holdings' price target has been lowered from $31 to $17 by Credit Suisse, while maintaining a Neutral rating.
The lowering of the price target by Credit Suisse indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Driven Brands Holdings' stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100