Stephens analyst Jim Salera lowered the firm’s price target on Wendy’s (WEN) to $10 from $11 and keeps an Equal Weight rating on the shares. The firm is revising estimates and selected price targets among its restaurants coverage as part of its Q3 preview for the group.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WEN: