Stocks Hit 52-Week Highs: Target, Verizon, Whole Foods
Shares of Dunkin' Brands hit a 52-week high on Monday of $34.05. The stock's 52-week low of $19 was set on July 26.
"DNKN is mostly a domestic story at present (a plus), although international (at ~20% of revenues) has a good deal of 'white space' med-to-long term," Jefferies analysts wrote in a report on Monday. "Mgmt targets 6-8% revenue growth, which we find achievable, particularly given the focus on quality & infrastructure vs. speed of openings."
Nine of the 16 analysts who cover Dunkin' rated it buy. Six analysts gave the stock a hold rating and one rated it sell.
The stock has risen 35.83% year to date.
-- Written by Alexandra Zendrian
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