Piper Sandler Maintains Overweight on Driven Brands Hldgs, Lowers Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Peter Keith has maintained an Overweight rating on Driven Brands Hldgs (NASDAQ:DRVN) but lowered the price target from $23 to $22.
November 02, 2023 | 8:37 pm
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Piper Sandler has maintained an Overweight rating on Driven Brands Hldgs but lowered the price target from $23 to $22.
The news is directly related to Driven Brands Hldgs (DRVN). Piper Sandler's decision to maintain an Overweight rating indicates a positive outlook for the company. However, the lowering of the price target from $23 to $22 might create some uncertainty among investors, potentially impacting the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100