BMO Capital Maintains Market Perform on Wendy's, Raises Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Andrew Strelzik maintains a Market Perform rating on Wendy's and raises the price target from $19 to $20.
November 01, 2024 | 4:01 pm
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BMO Capital has maintained its Market Perform rating on Wendy's and increased the price target from $19 to $20, indicating a slightly positive outlook.
The increase in the price target from $19 to $20 by BMO Capital suggests a slightly positive outlook for Wendy's. Maintaining the Market Perform rating indicates that the stock is expected to perform in line with the market. The price target increase may lead to a slight positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100