Truist lowered the firm’s price target on Krispy Kreme (DNUT) to $12 from $15 but keeps a Buy rating on the shares. The company’s Q4 results were in line with estimates excluding the impact of the cyber event, and while FY25 guide was below the Street, it was “far from the disaster” that the stock action seemingly reflects, the analyst tells investors in a research note.
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Read More on DNUT:
- Krispy Kreme price target lowered to $12 from $18 at Piper Sandler
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- Krispy Kreme’s 2024 Financial Performance and 2025 Outlook
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- Krispy Kreme price target lowered to $12 from $15 at Truist