RBC Capital Reiterates Outperform on Driven Brands Hldgs, Maintains $20 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Steven Shemesh has reiterated an Outperform rating on Driven Brands Hldgs (NASDAQ:DRVN) and maintained a $20 price target.
September 21, 2023 | 3:15 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
RBC Capital has reiterated an Outperform rating on Driven Brands Hldgs and maintained a $20 price target.
The reiteration of an Outperform rating by RBC Capital indicates a positive outlook for Driven Brands Hldgs. The maintained price target of $20 suggests that the analyst believes the stock is still undervalued, which could lead to upward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100