Stephens & Co. Reiterates Equal-Weight on Wendy's, Maintains $20 Price Target
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Jim Salera reiterated an Equal-Weight rating on Wendy's (NASDAQ:WEN) and maintained a $20 price target.
May 03, 2024 | 10:31 am
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Stephens & Co. analyst Jim Salera reiterated an Equal-Weight rating on Wendy's and maintained a $20 price target.
The reiteration of an Equal-Weight rating and maintenance of the price target by Stephens & Co. suggests a neutral outlook on Wendy's stock in the short term. This indicates that the analyst sees the stock as fairly valued at its current price, implying no significant short-term price movement is expected.
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