Wedbush lowered the firm’s price target on Wendy’s (WEN) to $15.50 from $17 and keeps a Neutral rating on the shares. For Q4, the firm expects EPS of 23c on revenue of $446.6M. Wedbush also expects sequential improvement in Q4, but says 2025 visibility remains limited.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio