Wedbush Maintains Neutral on Denny's, Lowers Price Target to $9.5
$DENN
Restaurants
Consumer Discretionary
Wedbush analyst Nick Setyan maintains Denny's (NASDAQ:DENN) with a Neutral and lowers the price target from $10.5 to $9.5.
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/25/2024 | $7.00 → $7.50 | Neutral → Buy | Citigroup |
| 7/18/2023 | $12.00 | Neutral | Piper Sandler |
| 12/21/2022 | $12.50 → $10.00 | Outperform → Neutral | Wedbush |
| 8/29/2022 | $14.00 | Buy | CL King |
| 8/23/2022 | $10.00 → $12.50 | Neutral → Outperform | Wedbush |
| 6/24/2022 | $19.00 → $10.00 | Outperform → Neutral | Wedbush |
| 4/12/2022 | $15.00 | Neutral | Citigroup |
| 12/2/2021 | $19.00 | Buy | The Benchmark Company |
Several insider transactions have taken place at Denny's Corporation recently, with notable activity on June 18, 2024. Sr. VP, CAO & Corp. Controller Gilmore Jay C purchased $78,118 worth of shares, acquiring 12,000 units at $6.51. This transaction increased Gilmore's direct ownership by 11% to 121,227 units based on SEC Form 4. The purchase by Gilmore stands out as a significant move, demonstrating confidence in the company's future prospects. Insider purchases are generally considered bullish signals, indicating insiders believe the stock is undervalued or that positive developments are on the horizon. Looking at earlier transactions, we see a conversion of options by Miller John C on Ma
Citigroup upgraded Denny's from Neutral to Buy and set a new price target of $7.50 from $7.00 previously
Piper Sandler initiated coverage of Denny's with a rating of Neutral and set a new price target of $12.00
Wedbush downgraded Denny's from Outperform to Neutral and set a new price target of $10.00 from $12.50 previously
SPARTANBURG, S.C.,, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Denny's Inc. (NASDAQ:DENN) today announced two key leadership appointments aimed at advancing the company's technological innovation and operational growth. Minh Le has been named senior vice president and chief technology officer, effective September 23, and Christopher Bode will return as president and chief operating officer, effective September 30. These appointments reflect Denny's ongoing commitment to enhancing its technological infrastructure and operational excellence across the brand. Minh Le, a respected leader in restaurant technology, will serve as senior vice president and chief technology officer for Denny's Corporati
Spartanburg, SC, July 23, 2024 (GLOBE NEWSWIRE) -- Denny's Inc. (NASDAQ:DENN) announced today the appointment of two new executive leaders: Monigo G. Saygbay-Hallie, Ph.D. joins as executive vice president, chief people officer for Denny's Corporation, effective August 5, and Patty Trevino joins as Denny's senior vice president, chief brand officer, effective August 12. Celebrated human resources, talent manager and culture leader Monigo G. Saygbay-Hallie will serve as executive vice president, chief people officer for Denny's Corporation at the enterprise level, leading people initiatives across Denny's and Keke's Breakfast Café. Saygbay-Hallie brings more than 20 years of restaurant
Spartanburg, SC, June 04, 2024 (GLOBE NEWSWIRE) -- Denny's Corporation (NASDAQ:DENN), owner and operator of Denny's Inc. and Keke's Inc., today announced that Mark Vondrasek has been appointed to its Board of Directors. Mr. Vondrasek is the chief commercial officer for Hyatt and brings more than 20 years of hospitality experience, combined with 10 years at Fidelity Investments and Kemper Financial Services, to the board role. "Mark's wealth of knowledge in the hospitality and financial services sectors makes him an invaluable addition to the Denny's Board of Directors," said Brenda J. Lauderback, chair of Denny's board of directors. "We welcome his strategic insights and leadership as
Wedbush analyst Nick Setyan reiterates Denny's (NASDAQ:DENN) with a Neutral and maintains $8.5 price target.
Truist Securities analyst Jake Bartlett maintains Denny's (NASDAQ:DENN) with a Buy and lowers the price target from $11 to $10.
Several insider transactions have taken place at Denny's Corporation recently, with notable activity on June 18, 2024. Sr. VP, CAO & Corp. Controller Gilmore Jay C purchased $78,118 worth of shares, acquiring 12,000 units at $6.51. This transaction increased Gilmore's direct ownership by 11% to 121,227 units based on SEC Form 4. The purchase by Gilmore stands out as a significant move, demonstrating confidence in the company's future prospects. Insider purchases are generally considered bullish signals, indicating insiders believe the stock is undervalued or that positive developments are on the horizon. Looking at earlier transactions, we see a conversion of options by Miller John C on Ma
SPARTANBURG, S.C., Nov. 04, 2024 (GLOBE NEWSWIRE) -- This Veterans Day, Denny's invites active and retired military personnel to America's Diner to enjoy a complimentary Original Grand Slam® breakfast at participating locations nationwide*.The iconic favorite, featuring two delicious and fluffy buttermilk pancakes, two crispy strips of our new and improved thicker, crispier applewood smoked bacon, two all-pork sausage links, and two eggs cooked to order, will be served dine-in only, from 5 a.m. (store open) to noon on Monday, November 11, 2024. Veterans and active-duty military can present with a valid military ID or DD 214 to receive this offer. "Veterans Day is more than just a tradit
Spartanburg, SC, Oct. 29, 2024 (GLOBE NEWSWIRE) -- As temperatures drop and the leaves fall, Denny's, America's Diner, will unveil new menu items starting tomorrow, October 30. Guests in search of craveable, one-of-a-kind breakfast entrees can enjoy the new Braised Beef Skillet, the new Cali Taco Skillet or a guest favorite, the Santa Fe Skillet – all brought to you tableside on a sizzling cast-iron skillet. Guests can also satisfy their sweet tooth with new Maple Stuffed Donut Holes, made perfect for sharing. And more sweet news: Denny's signature Slams® have a new star joining the menu! The delicious Berry Waffle Slam® features two Liège-style waffles perfectly paired with two eggs m
SPARTANBURG, S.C., Oct. 22, 2024 (GLOBE NEWSWIRE) -- Denny's Corporation (the "Company") (NASDAQ:DENN), owner and operator of Denny's Inc. ("Denny's") and Keke's Inc. ("Keke's") today reported results for its third quarter ended September 25, 2024 and provided a business update on the Company's operations. Kelli Valade, Chief Executive Officer, stated, "Our third quarter sales results directly reflect ongoing brand investments and dedicated focus on value that resulted in outpacing the category. Denny's domestic system-wide same-restaurant sales** outperformed the BBI Family Dining index for the third consecutive quarter driven by the relaunch of our fan favorite $2-$4-$
10-Q - DENNY'S Corp (0000852772) (Filer)
8-K - DENNY'S Corp (0000852772) (Filer)
8-K - DENNY'S Corp (0000852772) (Filer)
SC 13G/A - DENNY'S Corp (0000852772) (Subject)
SC 13G/A - DENNY'S Corp (0000852772) (Subject)
SC 13G/A - DENNY'S Corp (0000852772) (Subject)
3 - DENNY'S Corp (0000852772) (Issuer)
4 - DENNY'S Corp (0000852772) (Issuer)
3 - DENNY'S Corp (0000852772) (Issuer)
SPARTANBURG, S.C., Oct. 22, 2024 (GLOBE NEWSWIRE) -- Denny's Corporation (the "Company") (NASDAQ:DENN), owner and operator of Denny's Inc. ("Denny's") and Keke's Inc. ("Keke's") today reported results for its third quarter ended September 25, 2024 and provided a business update on the Company's operations. Kelli Valade, Chief Executive Officer, stated, "Our third quarter sales results directly reflect ongoing brand investments and dedicated focus on value that resulted in outpacing the category. Denny's domestic system-wide same-restaurant sales** outperformed the BBI Family Dining index for the third consecutive quarter driven by the relaunch of our fan favorite $2-$4-$
SPARTANBURG, S.C., July 30, 2024 (GLOBE NEWSWIRE) -- Denny's Corporation (the "Company") (NASDAQ:DENN), owner and operator of Denny's Inc. ("Denny's") and Keke's Inc. ("Keke's") today reported results for its second quarter ended June 26, 2024 and provided a business update on the Company's operations. Kelli Valade, Chief Executive Officer, stated, "I am very pleased that for the second quarter in a row Denny's outperformed BBI Family Dining same-restaurant sales, and Keke's continued to close the gap in Florida all while navigating a very competitive environment. We are also encouraged to see these trends continuing into July, which is being bolstered by our incremental advertising
SPARTANBURG, S.C., July 09, 2024 (GLOBE NEWSWIRE) -- Denny's Corporation (the "Company") (NASDAQ:DENN), owner and operator of Denny's Inc. ("Denny's") and Keke's Inc. ("Keke's"), will announce financial and operating results for its second quarter ended June 26, 2024, on Tuesday, July 30, 2024, after the markets close. Senior management will hold a conference call on the same day at 4:30 p.m. Eastern Time to discuss these results and answer questions. Interested parties are invited to listen to a live broadcast of the conference call accessible through the Investor Relations section of the Company's website at investor.dennys.com. For any questions, please contact the Company's Investor
4 - DENNY'S Corp (0000852772) (Issuer)
4 - DENNY'S Corp (0000852772) (Issuer)