Denny's has been able to bring back round-the-clock service despite labor issues, Truist says
Yahoo! Finance
Denny's Corp. was upgraded to buy from hold at Truist Securities, with analysts growing more upbeat as the restaurant chain restores 24/7 dining service and growing strength in key markets, California, Texas and Florida. Truist raised its price target to $18 from $17. "As of 10/18, we found that 24-hour operations are offered at 52% of Denny's stores on Saturdays, up from 44% at the end of 2Q21, and the percent open midnight or later increased to 78% from 68%," analysts said. "While still far fr
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