Krispy Kreme shares are trading higher after Piper Sandler upgraded the stock from Neutral to Overweight and raised its price target from $14 to $20.
Portfolio Pulse from Benzinga Newsdesk
Krispy Kreme's stock (DNUT) experienced a rise after Piper Sandler upgraded its rating from Neutral to Overweight and increased the price target from $14 to $20.

April 05, 2024 | 11:06 am
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POSITIVE IMPACT
Krispy Kreme's stock was upgraded by Piper Sandler from Neutral to Overweight, with a price target increase from $14 to $20.
The upgrade by Piper Sandler to an Overweight rating and the significant increase in the price target from $14 to $20 are strong positive signals to the market. This suggests a bullish outlook on Krispy Kreme's future performance, likely leading to increased investor confidence and potentially driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100