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WEN

Wendy's

$20.76

0.76 (3.80%)

18:26
10/11/19
10/11
18:26
10/11/19
18:26

Wendy's CEO: We are really focused on the long term

In an interview on CNBC's Mad Money, Wendy's CEO Todd Penegor said: We have a breakfast menu that can compete... We have a three-person labor model for breakfast... We need to hire 20,000 people... At the end of the day, it's all about taste... We are comfortable making fun of ourselves and also calling out the competition... We continue to work on speed and delivery... Delivery continues to be a great growth engine for us... We plan to expand into Europe during the next 12-18 months... We are currently exploring meat alternatives.

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    Nov

WEN Wendy's
$20.76

0.76 (3.80%)

10/07/19
COWN
10/07/19
DOWNGRADE
COWN
Market Perform
Wendy's downgraded to Market Perform from Outperform at Cowen
Cowen analyst Andrew Charles downgraded Wendy's to Market Perform from Outperform.
10/07/19
COWN
10/07/19
DOWNGRADE
Target $20
COWN
Market Perform
Wendy's downgraded to Market Perform at Cowen
As reported previously, Cowen analyst Andrew Charles downgraded Wendy's to Market Perform from Outperform. The analyst said the company's decision to shift its focus from recovery to breakfast roll-out does not create a long-term competitive advantage as other companies have underperformed at Breakfast. The analyst lowered his price target to $20 from $22 on Wendy's shares.
10/07/19
10/07/19
DOWNGRADE

Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Entegris (ENTG) downgraded to Hold from Buy at Deutsche Bank with analyst Sidney Ho saying the company's financial performance has done well in 2019 despite the semicap equipment market reeling from a sharp decline in memory spending. 2. Wendy's (WEN) downgraded to Market Perform from Outperform at Cowen with analyst Andrew Charles saying the company's decision to shift its focus from recovery to breakfast roll-out does not create a long-term competitive advantage as other companies have underperformed at Breakfast. 3. Carnival (CCL) downgraded to Hold from Buy at HSBC with analyst Ali Naqvi saying he reduced his target multiple for the shares to 10-times from 15-times to reflect Carnival's lower yield growth outlook, weak booking commentary and increasing capacity growth relative to peers. 4. HP Inc. (HPQ) downgraded to Hold from Buy at Argus with analyst Jim Kelleher citing its Analyst Day presentation, FY20 guidance, and announced job cuts, noting that the company's most profitable print & imaging business continues to struggle. 5. Ingersoll-Rand (IR) downgraded to Equal Weight from Overweight at Stephens with analyst Rob McCarthy saying he sees incremental concern for growth and sustainability of the HVAC cycle, and lowered his price target on the stock to $122, down from $124. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
10/11/19
10/11/19
NO CHANGE

Stepehens boosts Wendy's target to $24, says outlook 'better than feared'
Stephens analyst Will Slabaugh maintained an Overweight rating on Wendy's and raised his price target on shares to $24 from $22 following the company's Investor Day presentation. The analyst believes that Wendy's breakfast rollout will be break-even, and called the stock attractive as he sees a mid-single-digit comp trajectory as breakfast is rolled out, which should offset the near-term free cash flow pressure. Additionally, he sees momentum in Wendy's core business and believes the company's guidance for FY20 is "better than feared," especially considering the investments currently being made in breakfast.

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Tesla

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-0.94 (-0.37%)

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KR

Kroger

$24.96

0.1 (0.40%)

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$43.20

0.69 (1.62%)

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$32.14

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TSLA

Tesla

$253.92

-1.7 (-0.67%)

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ALKS

Alkermes

$19.30

0.88 (4.78%)

14:22
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TSLA

Tesla

$253.68

-1.94 (-0.76%)

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  • 23

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FITB

Fifth Third

$28.11

-0.195 (-0.69%)

14:20
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IBM

IBM

$134.05

0.02 (0.01%)

, GOOGL

Alphabet Class A

$1,252.30

11.22 (0.90%)

14:18
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IBM

IBM

$134.05

0.02 (0.01%)

GOOGL

Alphabet Class A

$1,252.30

11.22 (0.90%)

GOOG

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$1,253.87

11.09 (0.89%)

MSFT

Microsoft

$136.15

-0.24 (-0.18%)

03/08/13
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$NSD

NASDAQ Market Internals

$0.00

(0.00%)

14:17
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$NYE

NYSE Market Internals

$0.00

(0.00%)

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KO

Coca-Cola

$54.51

0.64 (1.19%)

, WBA

Walgreens Boots Alliance

$54.40

-0.93 (-1.68%)

14:12
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On The Fly
Coca-Cola upgrade, Walgreens downgrade among today's top analyst calls »

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KO

Coca-Cola

$54.51

0.64 (1.19%)

WBA

Walgreens Boots Alliance

$54.40

-0.93 (-1.68%)

SNAP

Snap

$13.23

-0.77 (-5.50%)

BIIB

Biogen

$277.71

-4.25 (-1.51%)

NOW

ServiceNow

$218.44

-9.82 (-4.30%)

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General news
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SWM

Schweitzer-Mauduit

$39.78

1.11 (2.87%)

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ARVN

Arvinas

$19.41

3.01 (18.35%)

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  • 23

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WE

We Company

$0.00

(0.00%)

, SFTBF

SoftBank

$0.00

(0.00%)

14:04
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Periodicals
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WE

We Company

$0.00

(0.00%)

SFTBF

SoftBank

$0.00

(0.00%)

SFTBY

SoftBank

$0.00

(0.00%)

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  • 06

    Nov

CMCSA

Comcast

$45.65

-0.13 (-0.28%)

, CMCSK

Comcast

$0.00

(0.00%)

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Earnings
Notable companies reporting before tomorrow's open »

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CMCSA

Comcast

$45.65

-0.13 (-0.28%)

CMCSK

Comcast

$0.00

(0.00%)

DHR

Danaher

$137.96

0.76 (0.55%)

MMM

3M

$167.62

0.06 (0.04%)

NOC

Northrop Grumman

$349.80

-2.61 (-0.74%)

RTN

Raytheon

$202.20

-2.69 (-1.31%)

BAX

Baxter

$87.71

0.68 (0.78%)

DOW

Dow Inc.

$47.27

0.45 (0.96%)

HSY

Hershey

$149.87

0.14 (0.09%)

TWTR

Twitter

$38.30

-0.52 (-1.34%)

LUV

Southwest

$53.25

0.355 (0.67%)

TROW

T. Rowe Price

$109.40

1.4 (1.30%)

SWK

Stanley Black & Decker

$153.29

1.98 (1.31%)

HBAN

Huntington Bancshares

$14.48

0.045 (0.31%)

CTXS

Citrix

$103.72

-0.38 (-0.37%)

TSCO

Tractor Supply

$94.34

0.12 (0.13%)

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HMC

Honda

$26.63

0.015 (0.06%)

14:00
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EW

Edwards Lifesciences

$225.67

3.75 (1.69%)

, TSLA

Tesla

$255.10

-0.52 (-0.20%)

13:59
10/23/19
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13:59
Earnings
Notable companies reporting after market close »

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EW

Edwards Lifesciences

$225.67

3.75 (1.69%)

TSLA

Tesla

$255.10

-0.52 (-0.20%)

PYPL

PayPal

$95.99

-1.41 (-1.45%)

MSFT

Microsoft

$136.25

-0.14 (-0.10%)

LVS

Las Vegas Sands

$59.16

0.58 (0.99%)

NOW

ServiceNow

$218.68

-9.58 (-4.20%)

F

Ford

$9.04

-0.025 (-0.28%)

LRCX

Lam Research

$233.15

-1.76 (-0.75%)

EBAY

eBay

$39.03

0.06 (0.15%)

ORLY

O'Reilly Automotive

$400.41

-0.16 (-0.04%)

XLNX

Xilinx

$95.26

-0.75 (-0.78%)

EFX

Equifax

$139.11

-0.15 (-0.11%)

ALGN

Align Technology

$217.63

4 (1.87%)

BMRN

BioMarin

$69.77

2.04 (3.01%)

FBHS

Fortune Brands

$58.73

0.22 (0.38%)

SLM

Sallie Mae

$9.10

0.04 (0.44%)

SAVE

Spirit Airlines

$37.74

0.49 (1.32%)

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HPE

HP Enterprise

$15.93

-0.03 (-0.19%)

13:55
10/23/19
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13:55
Conference/Events
HP Enterprise to host analyst meeting »

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  • 23

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AXON

Axovant Sciences

$0.00

(0.00%)

13:53
10/23/19
10/23
13:53
10/23/19
13:53
Recommendations
Axovant Sciences analyst commentary  »

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GGAL

Grupo Financiero

$12.75

0.4 (3.24%)

13:45
10/23/19
10/23
13:45
10/23/19
13:45
Options
Grupo Financiero call volume above normal and directionally bullish »

Bullish option flow…

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