Applebee's parent Dine Brands' strong free cash flow and accelerated share buybacks are noteworthy; analyst upgrades stock – Dine Brands Global (NYSE:DIN)

Applebee's parent Dine Brands' strong free cash flow and accelerated share buybacks are noteworthy; analyst upgrades stock - Dine Brands Global (NYSE:DIN)

wedbush analyst Nick Setyan updated Dine Global Brands, Inc. OF to Outperform from Neutral, raising the forecast price to $47 from $34. The analyst identifies key catalysts for Dine Brands' multiple expansions over the next twelve months. According to Setyan, an accelerated share buyback plan worth more than $100 million …

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