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WEN

Wendy's

$21.90 /

-1.075 (-4.68%)

08:49
02/27/20
02/27
08:49
02/27/20
08:49

Wendy's price target raised to $23 from $20 at MKM Partners

MKM Partners analyst Brett Levy raised the firm's price target on Wendy's to $23 from $20 but keeps a Neutral rating on the shares. The analyst notes that the company's Q4 earnings were inline, but the guidance was "somewhat muted" given its planned foray into national breakfast offering starting in March. Levy adds that the breakfast menu addition represents a near-term catalyst for Wendy's, but after a 19% gain in the stock price since the announcement in September, that optimism may be priced in.

  • 04

    Mar

  • 06

    May

WEN Wendy's
$21.90 /

-1.075 (-4.68%)

02/25/20 Northcoast
Wendy's sales growth to be driven by breakfast, digital sales, says Northcoast
02/25/20 Northcoast
Wendy's initiated with a Buy at Northcoast
01/09/20 Oppenheimer
Chipotle upgraded to Perform from Underperform at Oppenheimer
01/03/20 Gordon Haskett
Gordon Haskett bullish on Wendy's and other franchises, bearish on BJ's

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