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RBC Capital Maintains Outperform on Driven Brands Hldgs, Lowers Price Target to $17
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Related Headlines
ADW Capital Urges Driven Brands To Launch Strategic Review, Explore Sale Of Company Or Asset Divestitures After Rejecting $18/Share Offer
Calls on Company to Launch Public Strategic Review Process Exploring Sale of Company as a Whole or in SegmentsUrges Board to Announce Establishment of Independent Special Committee to Run Process and Engagement of
Driven Brands Holdings shares are trading lower despite reporting better-than-expected Q2 results, overshadowed by declining adjusted EBITDA and cautious guidance.
Driven Brands Hldgs Q2 Adj. EPS $0.29 Beats $0.26 Estimate, Sales $507.416M Beat $506.309M Estimate