JPMorgan analyst Christian Carlino lowered the firm’s price target on Driven Brands (DRVN) to $21 from $23 and keeps an Overweight rating on the shares. The company reported a “solid” Q3 and its guidance looks conservative, the analyst tells investors in a research note.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DRVN:
- Hold Rating for Driven Brands Holdings Amid Strong Q3 Performance and Macroeconomic Challenges
- Driven Brands Reports Strong Q3 2025 Results
- Driven Brands Q3 Earnings: Growth Amid Challenges
- Driven Brands Holdings: Balancing Growth and Challenges Amidst Market Uncertainty
- Driven Brands price target lowered to $21 from $22 at BTIG