Piper Sandler Maintains Overweight on Wendy's, Raises Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Aisling Grueninger maintains an Overweight rating on Wendy's (NASDAQ:WEN) and raises the price target from $21 to $23.
May 03, 2024 | 1:43 pm
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Piper Sandler maintains an Overweight rating on Wendy's and raises the price target from $21 to $23.
The upgrade in price target by Piper Sandler from $21 to $23 reflects a positive outlook on Wendy's, suggesting a potential upside in the stock's price. This analyst endorsement can lead to increased investor confidence and potentially drive the stock price higher in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100