Dine Brands price target raised to $43 from $38 at Barclays

Barclays analyst Jeffrey Bernstein raised the firm’s price target on Dine Brands (DIN) to $43 from $38 and keeps an Overweight rating on the shares. The company’s Q3 missed on sales, while beat on earnings, similar to Q2, showcasing the resilience of the asset-light franchise model, the analyst tells investors in a research note.