Unveiling 6 Analyst Insights On Driven Brands Hldgs
Portfolio Pulse from Benzinga Insights
Driven Brands Hldgs (NASDAQ:DRVN) has received mixed analyst ratings over the past quarter, with a shift towards a more bullish stance in the last 30 days. The average 12-month price target is $18.00, marking a 13.59% decline from the previous target. Analysts from firms including Canaccord Genuity, RBC Capital, Piper Sandler, JP Morgan, and Morgan Stanley have adjusted their ratings and price targets, reflecting various market conditions and company performance. Driven Brands, a North American automotive services company, shows a positive revenue trend but faces challenges in market capitalization, net margin, ROE, ROA, and debt management.
March 18, 2024 | 2:00 pm
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NEUTRAL IMPACT
Driven Brands Hldgs has seen a mix of analyst ratings with a recent shift towards bullishness. The average price target has been adjusted to $18.00, a decrease from previous targets. The company's financial health shows positive revenue growth but challenges in profitability and debt management.
The mixed analyst ratings and recent shift towards bullishness could create short-term volatility in DRVN's stock price. The decrease in the average price target suggests caution, while the positive revenue trend may offer some support. However, the company's challenges in profitability and debt management could weigh on investor sentiment.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100