Krispy Kreme price target raised to $19 from $18 at BofA

BofA raised the firm’s price target on Krispy Kreme (DNUT) to $19 from $18 and keeps a Buy rating on the shares. A Q1 revenue beat driven by outperformance in the U.S. market “underscores the attractiveness of the domestic market,” even before contemplating the potential from the McDonald’s (MCD) partnership, the analyst tells investors in an earnings recap note.