Citigroup has decided to maintain its Neutral rating of Krispy Kreme (NASDAQ:DNUT) and lower its price target from $15.00 to $14.00.
Shares of Krispy Kreme are trading down 0.4% over the last 24 hours, at $12.45 per share.
A move to $14.00 would account for a 12.45% increase from the current share price.
Morgan Stanley boosted the price target for Meta Platforms, Inc. (NASDAQ: META) from $280 to $225. Meta shares fell 2.1% to $171.01 in pre-market trading.
Gainers
Blue Water Vaccines, Inc. (NASDAQ: BWV) shares jumped 79.5% to $4.57 after the company announced it plans to explore the potential development of a novel monkeypox vaccine using its norovirus shell and protrusion virus-like particle platform.
Krispy Kreme (NASDAQ:DNUT) is set to give its latest quarterly earnings report on Wednesday, 2022-08-17. Here's what investors need to know before the announcement.
Analysts estimate that Krispy Kreme will report an earnings per share (EPS) of $0.09.