Evercore ISI Group Reinstates In-Line on Krispy Kreme, Announces $13 Price Target
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst David Palmer has reinstated an In-Line rating for Krispy Kreme (NASDAQ:DNUT) and set a price target of $13.

August 27, 2024 | 12:00 pm
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Evercore ISI Group has reinstated an In-Line rating for Krispy Kreme with a $13 price target, indicating a neutral stance on the stock.
The In-Line rating suggests that the analyst expects Krispy Kreme's stock to perform in line with the market. The $13 price target provides a specific valuation expectation, which is crucial for investors. This neutral stance indicates no significant short-term price movement is expected.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100