Piper Sandler Reiterates Overweight on Driven Brands Hldgs, Raises Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Peter Keith has reiterated an Overweight rating on Driven Brands Holdings (NASDAQ:DRVN) and raised the price target from $14 to $17.
August 02, 2024 | 2:23 pm
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Piper Sandler analyst Peter Keith has reiterated an Overweight rating on Driven Brands Holdings (NASDAQ:DRVN) and raised the price target from $14 to $17.
The reiteration of an Overweight rating and the increase in the price target from $14 to $17 by Piper Sandler is a positive signal for investors. This suggests confidence in the company's future performance, likely leading to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100