Dunkin' Brands lands two-notch upgrade from Credit Suisse [Seeking Alpha]
DUNKIN BRANDS GROUP (DNKN)
Last dunkin brands group earnings: 4/30 06:00 am
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US:NASDAQ Investor Relations:
investor.dunkinbrands.com/investor-relations
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Source: Seeking Alpha
Consumer|On the MoveDunkin' Brands lands two-notch upgrade from Credit SuisseApr. 13, 2020 7:38 AM ETDunkin' Brands Group, Inc. (DNKN)Clark SchultzCredit Suisse is constructive on Dunkin' Brands (NASDAQ:The firm says DNKN's pure-play 100% franchised business model is viewed as one of the most attractive in restaurants, warranting a premium to restaurant peers."We see limited risk of mass closures given the health of its franchisee system, attractive category dynamics, what appears to be broad eligibility for franchisees to take advantage of benefits from the government stimulus and high US exposure (nearly 90% of operating profit)."In an economic downturn, DNKN's value perceptions and business model are viewed as favorable.CS lifts its rating on Dunkin' Brands to Outperform from Underperform and assigns a price target of $67.Shares of Dunkin' Brands areup 0.85%See all stocks on the move »Now read:COVID-19 And McDonald's: Maybe The Best In An Industry To Avoid »
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