Stephens & Co. Reiterates Overweight on Wendy's, Maintains $27 Price Target
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Joshua Long has reiterated an Overweight rating on Wendy's (NASDAQ:WEN) and maintained a $27 price target.
August 09, 2023 | 2:31 pm
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POSITIVE IMPACT
Wendy's (NASDAQ:WEN) has had its Overweight rating reiterated and $27 price target maintained by Stephens & Co.
The reiteration of an Overweight rating and maintenance of a $27 price target by Stephens & Co. indicates a positive outlook for Wendy's. This could potentially lead to an increase in investor confidence and a positive impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100