Piper Sandler analyst Brian Mullan lowered the firm’s price target on Krispy Kreme (DNUT) to $12 from $18 and keeps an Overweight rating on the shares. The firm notes the company reported its Q4 results and provided its initial guidance for 2025, with the headline being guidance on total revenue and adjusted EBITDA that came in well below consensus expectations.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DNUT:
- Krispy Kreme downgraded to Underweight from Equal Weight at Morgan Stanley
- Krispy Kreme’s 2024 Financial Performance and 2025 Outlook
- Krispy Kreme’s Strategic Partnerships and Retail Expansion Drive Buy Rating Despite Short-Term Challenges
- Krispy Kreme price target lowered to $12 from $15 at Truist
- DNUT Earnings: Investors Find Plenty of Holes in Krispy Kreme’s Outlook
Questions or Comments about the article? Write to editor@tipranks.com