Where Wendy's Stands With Analysts
Portfolio Pulse from Benzinga Insights
Analysts have provided various ratings for Wendy's (NASDAQ:WEN) within the last quarter, with 1 bullish, 6 somewhat bullish, and 6 indifferent. The average price target is $24.85, representing an upside from the current price of $20.125. This average is a 5.33% decrease from the previous average price target of $26.25.
September 05, 2023 | 6:00 pm
News sentiment analysis
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Analysts' ratings for Wendy's (NASDAQ:WEN) are mixed, with an average price target of $24.85, indicating potential upside from the current price. However, this target is lower than the previous one.
The mixed ratings from analysts indicate uncertainty about Wendy's future performance. However, the average price target suggests potential upside, which could positively impact the stock price in the short term. The decrease in the average price target could indicate less optimism about the stock's future performance, which could limit the potential upside.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100