Truist Securities Maintains Buy on Wendy's, Raises Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained its Buy rating on Wendy's and raised the price target from $21 to $22, indicating confidence in the company's future performance.
November 01, 2024 | 2:57 pm
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Truist Securities has maintained its Buy rating on Wendy's and increased the price target from $21 to $22, suggesting a positive outlook for the company's stock.
The increase in the price target from $21 to $22 by Truist Securities indicates a positive sentiment towards Wendy's future performance. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100