JP Morgan Maintains Neutral on Krispy Kreme, Lowers Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst John Ivankoe has maintained a Neutral rating on Krispy Kreme (DNUT) and lowered the price target from $14 to $13.
March 19, 2024 | 11:28 am
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NEGATIVE IMPACT
JP Morgan has maintained a Neutral rating on Krispy Kreme and lowered the price target from $14 to $13.
The reduction in price target by JP Morgan, a major financial institution, could lead to a negative short-term sentiment among investors, potentially causing a decrease in DNUT's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100