HSBC analyst Sorabh Daga lowered the firm’s price target on Krispy Kreme to $14 from $15 and keeps a Hold rating on the shares. The analyst says the "tough" economy weighed on the company’s profit growth, making it a "show me" story.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on DNUT:
- Seven Stocks to Buy Before Their Ex-Dividend Dates Arrive
- Krispy Kreme downgraded to Equal Weight from Overweight at Morgan Stanley
- Krispy Kreme price target lowered to $13 from $15 at Deutsche Bank
- Krispy Kreme Nosedives after Long-Term Strategy Unveiled
- Krispy Kreme down 4% amid investor day presentations