Equities research analysts at BGB Securities upgraded shares of Krispy Kreme Doughnuts from a “sell†rating to a “hold†rating in a research note to investors on Monday.
Separately, analysts at Zacks Investment Research reiterated an “outperform†rating on shares of Krispy Kreme Doughnuts in a research note to investors on Thursday, January 13rd.
Krispy Kreme Doughnuts, Inc. (Krispy Kreme) is a retailer and wholesaler of doughnuts and packaged sweets. The Company’s principal business is owning and franchising Krispy Kreme stores, at which over 20 varieties of doughnuts, including its Original Glazed doughnut, are sold and distributed together with complementary products, and where an array of coffees and other beverages are offered. As of January 31, 2010, there were 224 Krispy Kreme stores operated in 37 United States states and in the District of Columbia, and 358 shops in other countries worldwide.