Barclays has lowered its price target for Dine Brands Global (NYSE:DIN) from $40.00 to $30.00 while maintaining an “equal weight” rating, aligning with other analysts who have an average price target of $29.86 and a consensus “Hold” rating. The company reported mixed Q4 results, with adjusted EPS beating estimates but revenue missing some expectations and a GAAP loss due to an impairment charge, though management highlighted franchise growth and capital returns as key priorities. Institutional investors have recently adjusted their positions in Dine Brands Global, with a significant portion of the company’s stock owned by institutional investors and hedge funds.
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Barclays Cuts Dine Brands Global (NYSE:DIN) Price Target to $30.00
Barclays has lowered its price target for Dine Brands Global (NYSE:DIN) from $40.00 to $30.00 while maintaining an “equal weight” rating, aligning with other analysts who have an average price target of $29.86 and a consensus “Hold” rating. The company reported mixed Q4 results, with adjusted EPS beating estimates but revenue missing some expectations and a GAAP loss due to an impairment charge, though management highlighted franchise growth and capital returns as key priorities. Institutional investors have recently adjusted their positions in Dine Brands Global, with a significant portion of the company’s stock owned by institutional investors and hedge funds.