Citigroup Maintains Neutral on Wendy's, Raises Price Target to $18.75
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Jon Tower maintains a Neutral rating on Wendy's (NASDAQ:WEN) and raises the price target from $18 to $18.75.

October 08, 2024 | 7:13 pm
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Citigroup analyst Jon Tower maintains a Neutral rating on Wendy's and raises the price target from $18 to $18.75, indicating a slight positive outlook.
The increase in the price target from $18 to $18.75 suggests a slightly more positive outlook on Wendy's stock, which could lead to a minor positive impact on the stock price. However, the Neutral rating indicates that the analyst does not expect significant outperformance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100