Driven Brands (DRVN) to Divest U.S. Car Wash Business for $385M

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Go back to Driven Brands (DRVN) to Divest U.S. Car Wash Business for $385M

Driven Brands (DRVN) PT Raised to $16 at BMO Capital

February 25, 2025 4:18 PM EST

BMO Capital analyst Tristan Thomas-Martin raised the price target on Driven Brands (NASDAQ: DRVN) to $16.00 (from $15.00) while maintaining a Market Perform rating.

The analyst comments "DRVN's 4Q24 results were overshadowed by the announced sale of its U.S. car wash business to... More