Business

Mass. Movers

Lazard forecasts a $51 price for Dunkin’

Dunkin’ Brands Group franchises stores under the Dunkin’ Donuts and Baskin-Robbins names.
Pat Greenhouse/Globe Staff /File 2010
Dunkin’ Brands Group franchises stores under the Dunkin’ Donuts and Baskin-Robbins names.
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Analysts at Lazard Capital Markets initiated coverage on Dunkin’ Brands Group with a bullish rating on Tuesday, Dividend.com reported. They rate Dunkin’ a “buy” and forecast the shares will reach $51 — a price target that suggests a 17 percent upside to the stock’s Monday closing price. The stock is up about 31 percent so far this year.