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RBC Capital Remains Sidelined on Wendy's (WEN) Following 2Q

August 11, 2016 7:11 AM EDT

RBC Capital reiterated a Sector Perform rating and $11.00 price target on Wendy's (NASDAQ: WEN) following the company's 2Q earnings report. While the company expressed confidence that it could deliver positive SSS in 2H, RBC continues to worry about Wendys ability to lap its difficult... More