UPDATE: Denny's Corporation (DENN) PT Raised to $19 at Stephens
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Price: $6.25 --0%
Rating Summary:
8 Buy, 12 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 18 | Down: 12 | New: 24
Rating Summary:
8 Buy, 12 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 18 | Down: 12 | New: 24
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(Updated - May 2, 2018 8:08 AM EDT)
Stephens raised its price target on Denny's Corporation (NASDAQ: DENN) to $19.00 (from $18.00) while maintaining a Overweight rating. DENN posted domestic SSS growth of +1.5% vs. consensus of +1.9% and adjusted EPS of $0.15 vs. $0.14 on stronger company-owned sales, lower G&A and a slightly lower tax rate.
Stephens adjusted FY18 franchised SSS growth estimate to +1.5% (was +1.1%) and adjusted EPS estimate to $0.66 (was $0.62).
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