Goldman Sachs Maintains Neutral on Driven Brands Hldgs, Lowers Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Kate McShane has maintained a Neutral rating on Driven Brands Hldgs (NASDAQ:DRVN) and lowered the price target from $21 to $18.
November 02, 2023 | 1:27 pm
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Goldman Sachs has maintained a Neutral rating on Driven Brands Hldgs and lowered the price target from $21 to $18.
The news is directly about Driven Brands Hldgs (DRVN). Goldman Sachs' decision to maintain a Neutral rating indicates that they do not expect significant price movement in the short term. However, the lowering of the price target from $21 to $18 could potentially have a negative impact on investor sentiment, which may affect the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100