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Financial Markets
Canaccord raises Driven Brands price target on improved oil change trends
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Investment firm Canaccord has upped its price target for Driven Brands (a major auto service company) after noticing stronger performance in their oil change business. Basically, more people are getting oil changes—a sign that either drivers are maintaining their cars better or that Driven’s marketing or operations are clicking. Either way, analysts see it as a good sign for the company’s bottom line.
Editor’s Note: If you’re an investor, this is a small but meaningful signal that Driven Brands might be on a better track than expected. For everyone else, it’s a peek into how everyday habits—like delaying or skipping oil changes—can ripple out to big financial moves. Plus, it hints at broader trends: Are people holding onto cars longer? Is routine maintenance bouncing back post-pandemic? Those little questions can move markets.

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