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Fly News Breaks for March 1, 2018
WEN
Mar 1, 2018 | 05:19 EDT
UBS analyst Dennis Geiger upgraded Wendy's to Neutral and raised his price target for the shares to $17 from $13. The analyst greater confidence in the company's free cash flow targets and same-store-sales momentum following his firm's survey of quick service restaurants consumers. The survey showed improved brand perceptions for Wendy's, Geiger tells investors in a research note.
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