TD Cowen Reiterates Market Perform on Wendy's, Maintains $22 Price Target
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Andrew Charles has reiterated a 'Market Perform' rating on Wendy's (NASDAQ:WEN) and maintained a $22 price target.
August 09, 2023 | 2:32 pm
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TD Cowen analyst has reiterated a 'Market Perform' rating on Wendy's and maintained a $22 price target.
The news is directly about Wendy's and its stock rating. The 'Market Perform' rating suggests that the analyst expects the stock to perform in line with the market, neither outperforming nor underperforming. The maintained price target indicates that the analyst's valuation of the company has not changed. This is likely to have a neutral impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100