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
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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.
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