Oppenheimer Maintains Outperform on Denny's, Raises Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Michael Tames has maintained an Outperform rating on Denny's (NASDAQ:DENN) and increased the price target from $12 to $13.
January 05, 2024 | 6:23 pm
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POSITIVE IMPACT
Oppenheimer has reaffirmed its Outperform rating on Denny's and raised the price target from $12 to $13, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Michael Tames suggests a positive sentiment towards Denny's future performance. This could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100