TD Cowen Reiterates Market Perform on Wendy's, Maintains $22 Price Target
Portfolio Pulse from richadhand@benzinga.com
TD Cowen analyst Andrew Charles has reiterated a 'Market Perform' rating on Wendy's (NASDAQ:WEN) and maintained a $22 price target.
August 10, 2023 | 10:05 am
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TD Cowen analyst has reiterated a 'Market Perform' rating on Wendy's and maintained a $22 price target.
The reiteration of the 'Market Perform' rating and the maintenance of the $22 price target by TD Cowen indicates that the analyst believes the stock is fairly valued at its current price. This is likely to have a neutral impact on the stock's price in the short term.
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