BMO Capital Maintains Market Perform on Wendy's, Lowers Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Andrew Strelzik maintains a Market Perform rating on Wendy's (NASDAQ:WEN) but lowers the price target from $22 to $19.
August 02, 2024 | 5:23 pm
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BMO Capital analyst Andrew Strelzik maintains a Market Perform rating on Wendy's but lowers the price target from $22 to $19.
The lowered price target from $22 to $19 suggests a less optimistic outlook for Wendy's, which could negatively impact investor sentiment and the stock price in the short term.
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