Wedbush Maintains Neutral on Wendy's, Lowers Price Target to $19.5
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Nick Setyan maintains a Neutral rating on Wendy's (NASDAQ:WEN) and lowers the price target from $21 to $19.5.
July 19, 2024 | 3:13 pm
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Wedbush analyst Nick Setyan maintains a Neutral rating on Wendy's and lowers the price target from $21 to $19.5.
The lowered price target from $21 to $19.5 suggests a less optimistic outlook for Wendy's, which could negatively impact investor sentiment and short-term stock price.
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