DNKN - Dunkin' Brands -2% after BTIG warns of muted growth next year

BTIG lowers Dunkin' Brands ([[DNKN]] -0.0%) to a Neutral rating after having it slotted at Buy. Analyst Peter Saleh: "We continue to expect same-store sales for Dunkin' U.S. to recover at a rapid pace, aided in part by drive-thru access in suburban markets, which have posted sales growth 4x that of in-line locations. However, we believe the decline in franchisee cash flow this year and a focus on development outside the core geographies could mean more muted unit growth in 2021." Saleh says there are more favorable names to own than DNKN at its current valuation. Compare Dunkin' Brands to other restaurant stocks. Shares of DNKN are down 1.77% premarket to $83.00.

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Dunkin' Brands -2% after BTIG warns of muted growth next year