Roth Capital Assigns Neutral On Denny’s Shares, $6.75 PT
In a research report issued today, Roth Capital analyst Anton Brenner assigned a Neutral rating on Denny’s Inc. (NASDAQ:DENN) with a price target of $6.75.
Brenner observed, “Same-store sales comparisons are improving, although this is mostly being driven by a higher average price. Four-wall restaurant margins remain mixed, and we expect margins for the full year to be flat or slightly lower. The deployment of free cash flow to repurchase stock is benefiting EPS, and should continue to do so.”
According to TipRanks.com, which measures analysts’ and bloggers’ success rate based on how their calls perform, analyst Anton Brenner has a total average return of 9.4% and a 57.1% success rate. Brenner is ranked #639 out of 3349 analysts.