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Krispy Kreme Doughnuts, Inc. Message Board

  • trinikajo trinikajo Mar 22, 2012 7:02 AM Flag

    How does a stock get "downgraded", but the price target raised?

    I just don't understand the logic behind it?

    <07:58 EDT KKD Krispy Kreme downgraded to Equal Weight from Overweight at Stephens
    Stephens downgraded Krispy Kreme citing valuation following the company's Q4 results but raised its price target for shares to $9.00 from $8.50. :theflyonthewall>

14.27+0.07(+0.49%)Nov 27 1:02 PMEST