Market Overview

UPDATE: Wedbush Securities Initiates Dunkin' Brands Group at Neutral on Valuation

Related DNKN
Earnings Recap For February 4
Investors Aren't Impressed With Dunkin' Brands Q4 And Guidance, Shares Down 3%
Dunkin' Brands Q4: Something Is Amiss As Same-Store Sales Decline (Seeking Alpha)

Wedbush Securities initiated coverage on Dunkin' Brands Group (NASDAQ: DNKN) with a Neutral rating and a $31 price target.

Wedbush Securities noted, "We believe Dunkin's current valuation properly reflects its large domestic and international growth opportunities, as well as the advantages of its franchised model. We also see some risk from muted near-term SSS growth. … With brand awareness established by national advertising and successful grocery distribution ahead of unit growth, we expect newly implemented flat national supply chain pricing to drive improved West and Emerging market ROIs and acceleration in U.S. unit development."

Dunkin' Brands Group closed at $31.54 on Monday.

Latest Ratings for DNKN

Jan 2016William BlairDowngradesMarket PerformMarket Perform
Oct 2015CLSAUpgradesOutperformBuy
Oct 2015Tigress FinancialDowngradesStrong BuyBuy

View More Analyst Ratings for DNKN
View the Latest Analyst Ratings

Posted-In: Wedbush SecuritiesAnalyst Color Initiation Pre-Market Outlook Analyst Ratings


Related Articles (DNKN)

View Comments and Join the Discussion!

Get Benzinga's Newsletters