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Stock impact report

What Could Shift The Story For Driven Brands (DRVN) After Target Cut And New Guidance [Yahoo! Finance]

Driven Brands Holdings Inc. (DRVN) 
Company Research Source: Yahoo! Finance
That small cut reflects a mix of slightly lower peer valuations and a modestly reduced discount rate, set against Q3 results that came in a touch ahead of expectations and FY25 guidance that is now narrower but clearer. Stay with this article to see how you can keep on top of similar shifts in the stock's story as they emerge. Analyst Price Targets don't always capture the full story. Head over to our Company Report to find new ways to value Driven Brands Holdings. ?? Bullish Takeaways BTIG continues to carry a Buy rating on Driven Brands, which signals that, in their view, the risk or reward balance still looks appealing despite the lower price target. The firm points to Q3 results that were slightly ahead of Street expectations as a key support for their constructive stance, suggesting execution against current expectations is a positive factor. BTIG also highlights that FY25 guidance has been narrowed, which they treat as a source of added clarity for investors on the com Show less Read more
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