Stephens & Co. Reiterates Equal-Weight on Wendy's, Maintains $19 Price Target
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Jim Salera has reiterated an Equal-Weight rating for Wendy's (NASDAQ:WEN) and maintained a price target of $19.

October 31, 2024 | 12:40 pm
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Stephens & Co. analyst Jim Salera has reiterated an Equal-Weight rating for Wendy's and maintained a price target of $19, indicating a neutral stance on the stock.
The reiteration of an Equal-Weight rating and maintenance of a $19 price target by Stephens & Co. suggests a neutral outlook on Wendy's stock. This indicates that the analyst does not expect significant short-term price movement, either upward or downward.
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