Wedbush Maintains Neutral on Denny's, Lowers Price Target to $8.5
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Nick Setyan has maintained a Neutral rating on Denny's (NASDAQ:DENN) and lowered the price target from $9.5 to $8.5.

May 01, 2024 | 11:28 am
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NEGATIVE IMPACT
Wedbush has maintained a Neutral rating on Denny's and reduced the price target from $9.5 to $8.5.
The reduction in price target by Wedbush reflects a negative outlook on Denny's stock in the short term, likely due to perceived challenges or limited upside potential. This adjustment could lead to a decrease in investor confidence and potentially lower stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100