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Fly News Breaks for February 21, 2017
WEN
Feb 21, 2017 | 07:23 EDT
RBC Capital analyst David Palmer believes that Wendy's EPS can beat expectations through 2018, and he is upbeat on the company's renovation efforts. The analyst says that customer perception of the company is improving, but still remains largely dependent on value. He thinks the stock can reach $24 in 2020, but keeps a $14 price target and a Sector Perform rating on the shares.
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