Piper Sandler Upgrades Krispy Kreme to Overweight, Raises Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Brian Mullan upgraded Krispy Kreme (DNUT) from Neutral to Overweight and increased the price target from $14 to $20.
April 05, 2024 | 10:35 am
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Krispy Kreme was upgraded by Piper Sandler from Neutral to Overweight with a price target increase from $14 to $20.
The upgrade from Neutral to Overweight by a reputable analyst, along with a significant increase in the price target, suggests a strong bullish outlook for Krispy Kreme. This is likely to positively influence investor sentiment and potentially lead to a short-term increase in DNUT's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100