Sweet! Longbow raises its price target on shares of Krispy Kreme (KKD +4.2%) to $23 from $20,...

|About: Krispy Kreme Doughnuts, Inc. (KKD)|By:, SA News Editor

Sweet! Longbow raises its price target on shares of Krispy Kreme (KKD +4.2%) to $23 from $20, representing a 35% upside from Monday's close. Channel checks reportedly suggest franchise comps growth may come in at 8.2% for Q2. Meanwhile, SA contributor Sean Weston says international franchise numbers "are not in the midst of an attractive trend."