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Wendy's (WEN) PT Raised to $15 at Instinet Following 1Q Beat

May 11, 2017 8:11 AM EDT

Instinet raised its price target on Wendy's (NASDAQ: WEN) to $15.00 (from $11.00) while maintaining a Neutral rating. Wendys reported adjusted first-quarter EPS of $0.09 was a penny above the Consensus Metrix number of $0.08.

The companys EPS target range for this year remains at $0.45-0.47.... More