The Latest Analyst Ratings for Driven Brands Hldgs
Portfolio Pulse from Benzinga Insights
Driven Brands Hldgs (NASDAQ:DRVN) has received various analyst ratings in the last quarter, with 2 bullish, 4 somewhat bullish, and 2 indifferent. Over the past 3 months, 8 analysts have offered 12-month price targets for the company, with an average price target of $23.0, a decrease of 36.36% from the previous average price target of $36.14.
September 21, 2023 | 5:01 pm
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NEGATIVE IMPACT
Driven Brands Hldgs has received mixed analyst ratings, with a decreased average price target, which could impact investor sentiment.
Analyst ratings can significantly influence investor sentiment and stock price. The decreased average price target suggests that analysts have lowered their expectations for the company, which could negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100