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Fly News Breaks for November 13, 2015
WEN
Nov 13, 2015 | 07:30 EDT
Citi analyst Gregory Badishkanian added Wendy's to his firm's Focus List saying the company's 4 for $4 promotion has continued to yield strong results. The analyst believes Wendy's same-store-sales likely accelerated "at least several hundred basis points" since the promotion introduction in October. Badishkanian keeps a Buy rating on the stock with an $11 price target.
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