B of A Securities Maintains Buy on Driven Brands Hldgs, Lowers Price Target to $31
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Elizabeth Suzuki maintains a Buy rating on Driven Brands Hldgs (NASDAQ:DRVN) but lowers the price target from $36 to $31.
September 21, 2023 | 4:25 pm
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NEUTRAL IMPACT
Driven Brands Hldgs' price target has been lowered from $36 to $31 by B of A Securities, though the Buy rating is maintained.
The news directly pertains to Driven Brands Hldgs (DRVN) as B of A Securities has lowered its price target for the company. However, the Buy rating is maintained, indicating that the analyst still sees potential in the stock. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100