Wedbush Starts Denny's Corporation (DENN) at Outperform, $6 PT

February 5, 2013 6:48 AM EST
Get Alerts DENN Hot Sheet
Price: $12.27 -0.08%

Rating Summary:
    5 Buy, 3 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 30 | Down: 30 | New: 23
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Wedbush initiates coverage on Denny's Corporation (NASDAQ: DENN) with a Outperform. PT $6.00.

The firm comments, "We believe Denny’s current 30% discount to franchised peers is poised to narrow as investors give its business model appropriate recognition and as management executes towards the recapture of transactions lost since 2006."

For an analyst ratings summary and ratings history on Denny's Corporation click here. For more ratings news on Denny's Corporation click here.

Shares of Denny's Corporation closed at $4.98 yesterday.

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