Barclays on Dunkin' Brands (DNKN): Momentum Remains Strong; Executive Changes Positive

June 8, 2012 2:19 PM EDT
Get Alerts DNKN Hot Sheet
Price: $106.48 -0.07%

Rating Summary:
    10 Buy, 31 Hold, 3 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 11 | Down: 18 | New: 20
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Barclays maintains an 'Equalweight' on Dunkin' Brands (NASDAQ: DNKN) price target of $32.00.

Analyst, Jeffrey A. Bernstein, thinks the announcement that Dunkin' has promoted it's CFO to the newly-created role of Chief Global Strategy Officer, and moved Paul Carbone to CFO is very positive. Both men are talented executives and the new roles should offer them additional opportunities to contribute to the company's growth.

Now Bernstein takes note that momentum continues to favor the company/stock, but shares have been up strong year-to-date and therefore leaves the Equalweight rating.

For an analyst ratings summary and ratings history on Dunkin' Brands click here. For more ratings news on Dunkin' Brands click here.

Shares of Dunkin' Brands closed at $32.42 yesterday.


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