Stifel analyst Chris O’Cull lowered the firm’s price target on Wendy’s (WEN) to $8 from $9 and keeps a Hold rating on the shares. The firm says the company reported “dreadful” Q4 results with “disconcerting” guidance for 2026. Wendy’s domestic system is at risk of entering a “downward spiral” with declining system sales growth resulting in less advertising dollars to spend, the analyst tells investors in a research note.
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Read More on WEN:
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