Stifel Maintains Hold on Wendy's, Lowers Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Chris O'Cull maintains a Hold rating on Wendy's (NASDAQ:WEN) but lowers the price target from $20 to $19.
August 02, 2024 | 5:56 pm
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Stifel analyst Chris O'Cull maintains a Hold rating on Wendy's but lowers the price target from $20 to $19.
The lowered price target from $20 to $19 suggests a slightly more pessimistic outlook on Wendy's stock performance, which could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100