Wedbush Reiterates Outperform on Wendy's, Maintains $26.5 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Nick Setyan has reiterated an Outperform rating on Wendy's (NASDAQ:WEN) and maintained a price target of $26.5.
September 05, 2023 | 4:10 pm
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Wedbush analyst has reiterated an Outperform rating on Wendy's and maintained a price target of $26.5.
The reiteration of an Outperform rating by a well-known analyst like Nick Setyan is a positive signal for Wendy's. It indicates that the analyst believes the company's stock will outperform the market or its sector in the near term. The maintenance of the price target at $26.5 also shows confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100