Longbow Raises Price Target on Krispy Kreme from $20 to $23, Sees Upside Stemming from Solid Q2 Comps
June 18, 2013 at 13:29 PM EDT
In a report published Tuesday, analysts at Longbow Research raised the price target on Krispy Kreme (NYSE: KKD ) from $20 to $23 following insight from channel checks which indicate possible upside to the firm's Q2 same-store sales estimate. According to lead analyst Alton Stump, sales growth at company-owned stores
