Barclays Maintains Equal-Weight on Wendy's, Lowers Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jeffrey Bernstein maintains an Equal-Weight rating on Wendy's (NASDAQ:WEN) but lowers the price target from $20 to $18.
August 02, 2024 | 3:45 pm
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Barclays analyst Jeffrey Bernstein maintains an Equal-Weight rating on Wendy's but lowers the price target from $20 to $18.
The lowered price target from $20 to $18 by Barclays suggests a less optimistic outlook for Wendy's, which could negatively impact the stock price in the short term.
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