B of A Securities Maintains Buy on Krispy Kreme, Lowers Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Sara Senatore maintains a Buy rating on Krispy Kreme (NASDAQ:DNUT) but lowers the price target from $19 to $16.

July 17, 2024 | 5:09 pm
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B of A Securities analyst Sara Senatore maintains a Buy rating on Krispy Kreme but lowers the price target from $19 to $16.
The maintained Buy rating suggests continued confidence in Krispy Kreme's long-term prospects. However, the lowered price target indicates some concerns about short-term performance or market conditions. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100