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Fly News Breaks for January 21, 2020
DNKN
Jan 21, 2020 | 07:50 EDT
Guggenheim analyst Matthew DiFrisco raised his price target for Dunkin' Brands to $86 from $83 and keeps a Buy rating on the shares. The company's valuation is "compelling" relative to peers, DiFrisco tells investors in a research note. The analyst believes upside to consensus estimates could stem from an accelerated share repurchase subsequent to a recapitalization as Dunkin' approaches the lower end of its net debt to EBITDA targeted range.
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