Dine Brands price target lowered to $60 from $64 at Barclays

Barclays analyst Jeffrey Bernstein lowered the firm’s price target on Dine Brands to $60 from $64 and keeps an Overweight rating on the shares post the Q3 report. The company reported mixed comps but earnings upside, the analyst tells investors in a research note. The firm believes Dine’s franchise model is underappreciated at current share levels.