Barclays Maintains Overweight on Dine Brands Global, Lowers Price Target to $54
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jeff Kessler has maintained an Overweight rating on Dine Brands Global (NYSE:DIN) but lowered the price target from $57 to $54.

May 09, 2024 | 2:54 pm
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NEUTRAL IMPACT
Barclays maintains an Overweight rating on Dine Brands Global but lowers the price target from $57 to $54.
The adjustment in price target by a major analyst like Barclays can influence investor sentiment, potentially leading to short-term price fluctuations. However, the maintenance of an Overweight rating suggests a continued positive outlook on the stock, which might mitigate any negative impact from the lowered price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100