Barclays Maintains an 'Overweight' on Wendy's (WEN); Preview of 2012 Investor Day
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Price: $6.00 -0.33%
Rating Summary:
1 Buy, 8 Hold, 4 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 21 | Down: 24 | New: 29
Rating Summary:
1 Buy, 8 Hold, 4 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 21 | Down: 24 | New: 29
Trade WEN Now!
Barclays maintains an 'Overweight' on Wendy's (NASDAQ: WEN) price target of $6.00.
Analyst, Jeffrey A. Bernstein, will be attending Wendy's Investor Day on 6/28 and will have the opportunity to tour the newly-reimaged store. Bernstein expects the company to be focusing its efforts on brand turn-around....and admits that investors have been frustrated by the slow pace of that turn-around. Despite Q1 being a disappointment, the long-term thesis remains intact and many are anxious to see signs of fundamenal traction.
For an analyst ratings summary and ratings history on Wendy's click here. For more ratings news on Wendy's click here.
Shares of Wendy's closed at $4.54 yesterday, with a 52 week range of $4.29-$5.62.
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Analyst, Jeffrey A. Bernstein, will be attending Wendy's Investor Day on 6/28 and will have the opportunity to tour the newly-reimaged store. Bernstein expects the company to be focusing its efforts on brand turn-around....and admits that investors have been frustrated by the slow pace of that turn-around. Despite Q1 being a disappointment, the long-term thesis remains intact and many are anxious to see signs of fundamenal traction.
For an analyst ratings summary and ratings history on Wendy's click here. For more ratings news on Wendy's click here.
Shares of Wendy's closed at $4.54 yesterday, with a 52 week range of $4.29-$5.62.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
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