TD Cowen Reiterates Hold on Wendy's, Maintains $19 Price Target
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Andrew Charles has reiterated a Hold rating on Wendy's (NASDAQ:WEN) and maintained a $19 price target on the stock.
April 10, 2024 | 4:02 pm
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TD Cowen analyst Andrew Charles reiterated a Hold rating on Wendy's with a maintained price target of $19.
The reiteration of a Hold rating and maintenance of the $19 price target by TD Cowen suggests a neutral outlook on Wendy's stock in the short term. This analysis indicates no significant change in the company's valuation or prospects that would alter its stock price significantly. Therefore, the impact on Wendy's stock price is likely to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100