Fly News Breaks for May 15, 2018
WEN
May 15, 2018 | 07:29 EDT
Stifel analyst Chris O'Cull said he views the pullback in Wendy's shares following its Q1 earnings as a buying opportunity because severe winter weather impacting company-owned restaurants was the reason for the miss compared to expectations and nothing from the report changed his investment thesis. He maintains a Buy rating and $20 price target on Wendy's shares.
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