Goldman Sachs Maintains Neutral Rating for Driven Brands Hldgs: Here's What You Need To Know


Goldman Sachs has decided to maintain its Neutral rating of Driven Brands Hldgs DRVN and lower its price target from $33.00 to $21.00.

Shares of Driven Brands Hldgs are trading up 6.94% over the last 24 hours, at $16.25 per share.

A move to $21.00 would account for a 29.19% increase from the current share price.

About Driven Brands Hldgs

Driven Brands Holdings Inc is an automotive services company. The company provides an extensive range of core consumer and commercial automotive needs, including paint, collision, glass, vehicle repair, oil change, maintenance and car wash.

About Analyst Ratings

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along with analyst success scores in Benzinga Pro.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: Analyst RatingsBZI-AAR-UPDATE
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