Analyst Expectations for Driven Brands Hldgs's Future
Portfolio Pulse from Benzinga Insights
Driven Brands Hldgs (NASDAQ:DRVN) has received mixed analyst ratings in the last quarter, with 1 bullish, 3 somewhat bullish, and 2 indifferent ratings. The average price target is $22.17, representing an upside from the current price of $16.09. However, this average price target is a 38.71% decrease from the previous average price target of $36.17.
August 04, 2023 | 8:00 pm
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Driven Brands Hldgs has received mixed analyst ratings, with an average price target of $22.17, indicating potential upside. However, the decrease in the average price target could be a concern.
The mixed analyst ratings indicate uncertainty about the company's future performance. While the average price target suggests potential upside, the significant decrease from the previous average price target could indicate lowered expectations, which may impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100