Goldman Sachs Maintains Neutral on Driven Brands Hldgs, Lowers Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Kate McShane maintains a Neutral rating on Driven Brands Holdings (DRVN) and lowers the price target from $16 to $14.

May 03, 2024 | 3:52 pm
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NEGATIVE IMPACT
Goldman Sachs maintains a Neutral rating on Driven Brands Holdings and reduces the price target from $16 to $14.
The reduction in price target by a prominent analyst like Goldman Sachs can lead to negative investor sentiment in the short term, potentially causing a decrease in DRVN's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100