HSBC Maintains Hold on Krispy Kreme, Lowers Price Target to $14.5
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Sorabh Daga maintains a Hold rating on Krispy Kreme (NASDAQ:DNUT) and lowers the price target from $17 to $14.5.
September 28, 2023 | 9:17 am
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HSBC has maintained a Hold rating on Krispy Kreme and lowered the price target from $17 to $14.5.
The lowering of the price target by HSBC indicates a less optimistic outlook for Krispy Kreme's stock. This could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100