Citigroup Maintains Neutral on Wendy's, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Jon Tower has maintained a Neutral rating on Wendy's (NASDAQ:WEN) and lowered the price target from $23 to $20.
October 19, 2023 | 4:11 pm
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Citigroup has maintained a Neutral rating on Wendy's and lowered the price target from $23 to $20.
The news directly pertains to Wendy's as Citigroup has maintained a Neutral rating on the company and lowered the price target. This could potentially impact investor sentiment and the stock's price in the short term, although the Neutral rating suggests that the overall outlook for the stock remains unchanged.
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