RBC Capital lowered the firm’s price target on Driven Brands (DRVN) to $18 from $20 and keeps an Outperform rating on the shares. The company’s Q4 results were in line with the preliminary outlook, and the management provided initial FY26 guidance, with the midpoint of the adjusted EBITA range seen 4% below consensus positioning heading into the print, the analyst tells investors in a research note.
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Read More on DRVN:
- Driven Brands price target lowered to $17 from $21 at BTIG
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