Capital One upgrades DNUT to Overweight/Buy with $6 PT (79% upside); Zacks #1 Strong Buy
Key Questions
What is Capital One's latest rating on Krispy Kreme (DNUT)?
Capital One upgraded DNUT to Overweight/Buy with a $6 price target, implying 79% upside. This follows Q4 results and deleveraging progress (54.5% success).
What is Zacks' ranking for DNUT?
Zacks added DNUT to its #1 Strong Buy list on April 2. Consensus EPS estimates rose +37.5% over the past 60 days.
How does this compare to overall analyst consensus?
Consensus remains Hold with a $4.85 target, including neutral from Evercore. The upgrades signal momentum shift ahead of May earnings despite bearish EPS and valuation concerns.
Capital One to OW/Buy $6 PT post-Q4/deleveraging (54.5% success); Zacks adds to #1 Strong Buy Apr 2 (consensus EPS +37.5% past 60 days). Momentum challenging bearish EPS/valuation/insti churn/new $2.53 PT forecast; consensus Hold/$4.85, neutral Evercore, sentiment shift pre-May earnings.