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WEN

Wendy's

$12.57

-0.31 (-2.41%)

06:27
12/01/16
12/01
06:27
12/01/16
06:27

Wendy's downgraded to Neutral from Buy at Guggenheim

Guggenheim analyst Matthew DiFrisco downgraded Wendy's to Neutral citing limited upside to current valuation, increased potential macro headwinds from rising gasoline prices, and the impact from higher interest rates on franchise investment near-term. DiFrisco continues to view franchisee adoption of Image Activation falling short of management's 60% target as the greatest risk to valuation.

WEN Wendy's
$12.57

-0.31 (-2.41%)

11/10/16
RHCO
11/10/16
NO CHANGE
RHCO
Wendy's gaining significant market share, says SunTrust
After Wendy's reported higher than expected Q3 EPS and same-store sales, SunTrust analyst Jake Bartlett says that the company "is taking significant market share" due to its traffic gains. The analyst keeps a $13 price target and a Buy rating on the shares.
11/25/16
ARGS
11/25/16
UPGRADE
Target $15
ARGS
Buy
Wendy's upgraded to Buy from Hold at Argus
Argus analyst John Staszak upgraded Wendy's to Buy with a $15 price target saying the company has revitalized its brand over the last three years by selling more than 800 company-owned restaurants. The sale of these restaurants has boasted free cash flow as franchisees are responsible for most capital expenditures and sale proceeds are providing capital for share buybacks and dividend increases, the analyst wrote. Staszak said by year end, franchisees will own 95% of all Wendy's restaurants and only 5% will be company-owned. The company and franchisees have remodeled 30% of restaurants, which are generating significantly greater revenue than older locations, Staszak said.
11/28/16
GSCO
11/28/16
DOWNGRADE
GSCO
Neutral
Wendy's downgraded to Neutral from Buy at Goldman
Goldman Sachs analyst Karen Holthouse downgraded Wendy's to Neutral citing valuation with the stock up 23% over the past month. The analyst views the current risk/reward as balanced and keeps a $12.50 price target for the shares.
11/29/16
11/29/16
DOWNGRADE

On The Fly: Top five analyst downgrades
On The Fly: Top five analyst downgrades: 1. Wendy's (WEN) downgraded to Neutral from Buy at Goldman with analyst Karen Holthouse citing valuation with the stock up 23% over the past month. 2. SAIC (SAIC) downgraded to Neutral from Buy at Citi with analyst Jonathan Raviv citing the recent rally in the shares and some overhang from the pending contract transition. 3. BioMarin (BMRN), Johnson & Johnson (JNJ), and Vertex (VRTX) were downgraded to Equal Weight from Overweight at Barclays. 4. Nivalis Therapeutics (NVLS) downgraded to Market Perform Raymond James, to Hold from Buy at Stifel, to Market Perform from Outperform at Cowen, and to Neutral from Outperform at Baird. 5. U.S. Steel (X) downgraded to Hold from Buy at Argus. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

TODAY'S FREE FLY STORIES

FOSL

Fossil

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-0.21 (-2.33%)

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CMCSA

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CMCSK

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TWX

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CBS

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AAPL

Apple

$153.39

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, FSLR

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$48.76

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AAPL

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W

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DDC

Dominion Diamond

$14.19

0.005 (0.04%)

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SPY

SPDR S&P 500 ETF Trust

$249.20

-0.19 (-0.08%)

, VOO

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$228.89

-0.18 (-0.08%)

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SPY

SPDR S&P 500 ETF Trust

$249.20

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VOO

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XLF

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12:45
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ROK

Rockwell Automation

$177.39

0.06 (0.03%)

12:40
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Options
Defensive option play opened in Rockwell »

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HYG

iShares iBoxx $ High Yield Corporate Bond

$88.35

0.01 (0.01%)

12:30
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Options
One week put buyer in the iShares High Yield Bond ETF »

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ATVI

Activision Blizzard

$64.11

-0.89 (-1.37%)

12:25
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Options
Activision Blizzard call volume above normal and directionally bullish »

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12:25
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FDIC to hold a teleconference »

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$NSD

NASDAQ Market Internals

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$NYE

NYSE Market Internals

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IWM

iShares Trust Russell 2000 Index Fund

$144.20

0.51 (0.35%)

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300K puts trade in iShares Small Cap Fund driven by spread trades »

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IP

International Paper

$55.69

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, WRK

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$55.41

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International Paper, WestRock, KapStone analyst commentary  »

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IP

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WRK

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KS

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TSLA

Tesla

$366.48

-7.43 (-1.99%)

, CSIQ

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TSLA

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$366.48

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CSIQ

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$15.86

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FSLR

First Solar

$48.76

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JASO

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$7.85

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SUNEQ

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$0.02

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SPWR

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$7.37

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TSL

Trina Solar

YGE

Yingli Green Energy

$2.43

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  • 02

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NLNK

NewLink Genetics

$10.81

-0.5 (-4.42%)

12:05
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NewLink Genetics call volume above normal and directionally bullish »

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W

Wayfair

$76.19

-5.56 (-6.80%)

, OSTK

Overstock.com

$24.30

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Wayfair sinks after Citron highlights academic paper with $10.24 valuation »

Shares of Wayfair (W) are…Reference Link

W

Wayfair

$76.19

-5.56 (-6.80%)

OSTK

Overstock.com

$24.30

-0.1 (-0.41%)

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YUM

Yum! Brands

$76.10

-0.385 (-0.50%)

11:57
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W

Wayfair

$76.85

-4.904 (-6.00%)

11:53
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Breaking Hot Stocks news story on Wayfair »

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TSLA

Tesla

$366.48

-7.43 (-1.99%)

11:51
09/22/17
09/22
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Periodicals
Tesla to expand plug-in stations to full rest stops, Restaurant Business says »

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  • 02

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DVA

DaVita

$58.48

-2.78 (-4.54%)

11:50
09/22/17
09/22
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Options
DaVita puts active as shares trade lower »

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ESV

Ensco

$5.39

0.17 (3.26%)

11:45
09/22/17
09/22
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11:45
Options
Ensco call volume above normal and directionally bullish »

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  • 02

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ORCL

Oracle

$48.21

0.235 (0.49%)

11:30
09/22/17
09/22
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Options
Bullish positions opened in Oracle October 13th options »

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11:28
09/22/17
09/22
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11:28
Conference/Events
Wells Fargo financial team holds an analyst/industry conference call »

The Wells Fargo…

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