Truist Securities Maintains Buy on Denny's, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained its Buy rating on Denny's but lowered the price target from $10 to $8.
October 28, 2024 | 1:19 pm
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NEUTRAL IMPACT
Truist Securities has maintained its Buy rating on Denny's but lowered the price target from $10 to $8, indicating a more cautious outlook.
The maintenance of a Buy rating suggests continued confidence in Denny's, but the lowered price target reflects a more cautious outlook on its short-term performance. This mixed signal may result in neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100