Dine Brands price target lowered to $48 from $54 at Wedbush

Wedbush lowered the firm’s price target on Dine Brands to $48 from $54 and keeps a Neutral rating on the shares. While the company reported Q3 EPS above expectations and the low end of 2023 EBITDA guidance was raised, visibility into November and December “remains limited,” the analyst tells investors in a post-earnings note.