JP Morgan Maintains Neutral on Wendy's, Raises Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst John Ivankoe maintains a Neutral rating on Wendy's (NASDAQ:WEN) and raises the price target from $19 to $20.
June 03, 2024 | 2:35 pm
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JP Morgan analyst John Ivankoe maintains a Neutral rating on Wendy's and raises the price target from $19 to $20.
The raised price target from $19 to $20 indicates a positive outlook, which could lead to a slight increase in investor confidence and a potential short-term price uptick.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100