Dunkin’ Brands Upgraded to “Buy” at Argus Research; Strong Growth Opportunities Seen (DNKN)

By Dividend.com Staff,

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Doughnut and ice cream retailer Dunkin' Brands Group Inc ( DNKN ) on Wednesday caught a big upgrade from analysts at Argus Research.

The firm said it boosted its rating on DNKN from "Hold" to "Buy," citing the company's strong domestic and international growth prospects. Argus also lauded the company's franchised business model, which brings certain benefits its peers may not have.

Dunkin' Brands shares rose 46 cents, or +1.4%, in premarket trading Wednesday.

The Bottom Line
Shares of Dunkin' Brands ( DNKN ) have a 1.86% dividend yield, based on last night's closing stock price of $32.30. The stock has technical support in the $28-$30 price area. The stock is trading near all-time highs of $34 a share.

Dunkin' Brands Group Inc ( DNKN ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Created by Dividend.com

This article appears in: Investing Stocks
Referenced Stocks: DNKN

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