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Driven Brands price target lowered to $14.25 from $16.50 at Goldman Sachs

Goldman Sachs lowered the firm’s price target on Driven Brands (DRVN) to $14.25 from $16.50 and keeps a Neutral rating on the shares, citing lowered estimates and increased uncertainty regarding near-term results and the overall financial performance of the business after the company issued preliminary unaudited financial results for Q4 of FY25 and Q1 of FY26.

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