UBS raises its price target to $40 on Dunkin Brands' (DNKN -1.6%) as it thinks investors will...

|By:, SA News Editor

UBS raises its price target to $40 on Dunkin Brands' (DNKN -1.6%) as it thinks investors will take on the higher multiple with the company ramping up its pace of expansion. Analysts with the firm also back the restaurant operator to grow same-store sales with fresh innovation, customer loyalty, and digital initiatives all contributing.