Applebee's Parent Dine Brands' Strong Free Cash Flow And Accelerated Share Repurchase Is Noteworthy, Analyst Upgrades Stock

Wedbush analyst Nick Setyan upgraded Dine Brands Global, Inc. DIN to Outperform from Neutral, raising the price forecast to $47 from$34. The analyst identifies key catalysts for Dine Brands' multiple expansions over the next twelve months. According to Setyan, a $100 million + accelerated share repurchase plan is likely in the second half of 2025 following Dine Brands' refinancing, representing over 20$99.2 m ...