Stephens & Co. Reiterates Overweight on Wendy's, Maintains $27 Price Target
Portfolio Pulse from richadhand@benzinga.com
Stephens & Co. analyst Joshua Long has reiterated an Overweight rating on Wendy's (NASDAQ:WEN) and maintained a $27 price target.
August 10, 2023 | 11:03 am
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Wendy's (NASDAQ:WEN) has received an Overweight rating from Stephens & Co. with a maintained price target of $27.
The Overweight rating from Stephens & Co. indicates a positive outlook for Wendy's. The maintained price target of $27 suggests that the analyst believes the stock has potential for growth. This could lead to increased investor confidence and a potential rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100