Deutsche Bank Initiates Coverage On Wendy's with Hold Rating, Announces Price Target of $20
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Lauren Silberman has initiated coverage on Wendy's (NASDAQ:WEN) with a Hold rating and a price target of $20.
October 19, 2023 | 9:29 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Deutsche Bank has initiated coverage on Wendy's with a Hold rating and a price target of $20.
The Hold rating from Deutsche Bank suggests that the bank sees Wendy's stock as fairly valued at current levels. The price target of $20 indicates where the bank believes the stock will trade in the near future. This could influence investor sentiment and potentially impact the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100