Denny’s price target lowered to $8 from $10 at Benchmark

Benchmark lowered the firm’s price target on Denny’s (DENN) to $8 from $10 and keeps a Buy rating on the shares. Given the difficult start to the year that Denny’s has experienced, and “conservative” FY25 guidance based off of this recent softness, the firm is lowering its price target the analyst tells investors in a post-earnings note.