Citigroup Upgrades Denny's to Buy, Raises Price Target to $7.5
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Jon Tower has upgraded Denny's (NASDAQ:DENN) from Neutral to Buy and increased the price target from $7 to $7.5.
October 25, 2024 | 12:28 pm
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Citigroup has upgraded Denny's from Neutral to Buy, raising the price target to $7.5, indicating a positive outlook on the stock.
The upgrade from Neutral to Buy by Citigroup suggests increased confidence in Denny's future performance. The raised price target to $7.5 indicates an expected upward movement in the stock price, likely leading to positive investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100