Dunkin' Brands rallies after BMO Capital upgrade

|About: Dunkin' Brands (DNKN)|By:, SA News Editor

BMO Capital is impressed with the three-year plan issued by Dunkin' Brands (DNKN +2.8%) for the Dunkin' Donutes business.

The firm expects next-gen remodels to add 50 to 100 bps of comparable sales growth and sees attractive valuation on the long-term potential for Dunkin'.

BMO moves to an Outperform rating from Market Perform and lifts its price target to $64.

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