Driven Brands Holdings Inc. Reports First Quarter 2024 Results

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Driven Brands (DRVN) PT Lowered to $14 at RBC Capital

May 6, 2024 6:35 AM EDT

RBC Capital analyst Steven Shemesh lowered the price target on Driven Brands (NASDAQ: DRVN) to $14.00 (from $17.00) while maintaining a Outperform rating.

The analyst comments "Maintenance performance remained solid but was overshadowed by the second CFO departure in under a... More

William Blair Comments on Driven Brands (DRVN)

May 3, 2024 7:11 AM EDT

William Blair analyst Sharon Zackfia reiterated a Market Perform rating on Driven Brands (NASDAQ: DRVN).

The analyst comments "Driven Brands reported mixed first-quarter results where sales and comps landed below expectations on continued weakness in the car wash and glass businesses, while adjusted... More