Expert Outlook: Krispy Kreme Through The Eyes Of 4 Analysts
Portfolio Pulse from Benzinga Insights
Four analysts have recently updated their ratings on Krispy Kreme (NASDAQ:DNUT), showing a mix of sentiments with one somewhat bullish and three indifferent. The 12-month price targets suggest an upward trend, with an average target of $17.00, up from the previous $14.00. Analysts from Piper Sandler, Citigroup, JP Morgan, and Capital One have adjusted their price targets and ratings, reflecting their views on the company's market performance and financial health. Krispy Kreme's financial overview indicates a below-average market capitalization, a revenue growth of 11.44%, and challenges in profitability and asset utilization.
April 05, 2024 | 12:02 pm
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Krispy Kreme's mixed analyst ratings and upward price target revisions indicate cautious optimism among analysts, reflecting potential for stock appreciation.
The upward revision in price targets by analysts from firms like Piper Sandler and Citigroup, despite mixed overall sentiment, suggests a positive outlook on Krispy Kreme's stock in the short term. The financial overview, highlighting revenue growth but also profitability and asset utilization challenges, supports a cautious but optimistic view.
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