Wedbush Maintains Neutral on Denny's, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Nick Setyan maintains a Neutral rating on Denny's (NASDAQ:DENN) and lowers the price target from $8.5 to $8.
July 31, 2024 | 11:00 am
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NEGATIVE IMPACT
Wedbush analyst Nick Setyan maintains a Neutral rating on Denny's and lowers the price target from $8.5 to $8. This suggests a cautious outlook on the stock.
The lowered price target indicates a less optimistic view on Denny's future performance, which could lead to a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100