Wedbush Maintains Neutral on Wendy's, Lowers Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Nick Setyan maintains a Neutral rating on Wendy's (NASDAQ:WEN) and lowers the price target from $19.5 to $18.
August 05, 2024 | 10:10 am
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Wedbush analyst Nick Setyan maintains a Neutral rating on Wendy's and lowers the price target from $19.5 to $18.
The lowered price target from $19.5 to $18 suggests a less optimistic outlook for Wendy's, which could negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100