The Wendy's Company Reports Preliminary 2015 Results; Announces 2016 And Long-term Outlook

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Go back to The Wendy's Company Reports Preliminary 2015 Results; Announces 2016 And Long-term Outlook

JPMorgan Downgrades Wendy's (WEN) to Neutral

February 11, 2016 7:14 AM EST

JPMorgan downgraded Wendy's (NASDAQ: WEN) from Overweight to Neutral with a price target of $10.50 (from $12.00).

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 $9.52 yesterday.

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Wendy's (WEN) Tops Q4 EPS by 1c, Guides FY16 EPS In-Line

February 9, 2016 7:21 AM EST

Wendy's (NASDAQ: WEN) reported Q4 EPS of $0.12, $0.01 better than the analyst estimate of $0.11. Revenue for the quarter came in at $464.4 million versus the consensus estimate of $456.14 million.

Same-restaurant sales increased 4.8 percent at North America system restaurants in the fourth quarter of 2015. Same-restaurant sales increased 4.9 percent... More