Citigroup Maintains Neutral on Krispy Kreme, Raises Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Jon Tower has maintained a Neutral rating on Krispy Kreme (DNUT) and increased the price target from $14 to $19.
March 27, 2024 | 5:20 pm
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Citigroup has maintained a Neutral rating on Krispy Kreme but raised the price target from $14 to $19.
The increase in price target by Citigroup, a major financial institution, suggests a positive outlook on Krispy Kreme's stock value in the short term. Although the rating remains Neutral, the raised target indicates an expectation of stock performance improvement, likely leading to increased investor interest and potentially a rise in stock price.
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IMPORTANCE 75
RELEVANCE 90