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Fly News Breaks for May 11, 2017
WEN
May 11, 2017 | 09:29 EDT
Stephens analyst Will Slabaugh said he continues to be impressed by the top-line consistency at Wendy's, which he credits to the continued success of its value offerings and marketing. The analyst, who sees the company winning at both the value and premium ends of the menu, raised his price target on Wendy's to $18 from $16 following its Q1 report and keeps an Overweight rating on the shares.
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