TD Cowen Maintains Hold on Wendy's, Lowers Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Andrew Charles maintains a Hold rating on Wendy's (NASDAQ:WEN) but lowers the price target from $19 to $17.
July 17, 2024 | 6:33 pm
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TD Cowen analyst Andrew Charles maintains a Hold rating on Wendy's but lowers the price target from $19 to $17.
The lowered price target from $19 to $17 suggests a less optimistic outlook for Wendy's, which could negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100