BMO Capital lowered the firm’s price target on Wendy’s (WEN) to $9 from $11 and keeps a Market Perform rating on the shares after its below-consensus FY26 guide. The company’s turnaround is facing a “steep climb”, execution risks are significant and operating environment a challenge, the analyst tells investors in a research note.
Claim 55% 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: