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Monday, 09/21/2020 6:46:24 AM

Monday, September 21, 2020 6:46:24 AM

Post# of 363828
DNKN Dunkin' Brands upgraded to Overweight from Neutral at Piper Sandler
Piper Sandler analyst Nicole Miller Regan upgraded Dunkin' Brands to Overweight from Neutral with a price target of $89, up from $66. The upgrade is based on Dunkin's "low ticket, high frequency" offering, franchise business model that has transferred operating risk, exposure to suburban markets and an East Coast re-opening, Miller Regan tells investors in a research note. The analyst says her call is "relatively contrarian" with 63% of Street ratings remaining at neutral or sell

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