Keybanc Maintains Overweight on Dine Brands Global, Lowers Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Eric Gonzalez maintains an Overweight rating on Dine Brands Global (NYSE:DIN) but lowers the price target from $68 to $55.
October 17, 2023 | 11:09 am
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Dine Brands Global's price target has been lowered from $68 to $55 by Keybanc, though the Overweight rating is maintained.
The lowering of the price target by Keybanc indicates a potential decrease in the stock's value. However, the maintained Overweight rating suggests that the stock is still expected to outperform. This mixed signal could lead to short-term uncertainty and potential downward pressure on the stock price.
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IMPORTANCE 80
RELEVANCE 100