Citigroup Maintains Neutral on Denny's, Lowers Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Jon Tower has maintained a Neutral rating on Denny's (NASDAQ:DENN) and lowered the price target from $13 to $9.
October 16, 2023 | 4:03 pm
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NEGATIVE IMPACT
Citigroup has maintained a Neutral rating on Denny's and lowered the price target from $13 to $9.
The lowering of the price target by Citigroup from $13 to $9 indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Denny's stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100