The Wendy's Company Provides Update On COVID-19

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Guggenheim Reiterates Neutral Rating on Wendy's (WEN) as SSS Turns Positive

June 10, 2020 7:54 AM EDT

Guggenheim analyst Matthew DiFrisco reiterated a Neutral rating and {REMOVEPT} price target on Wendy's (NASDAQ: WEN). WEN SSS returned to positive territory in the last week of May as beef supply disruptions have abated. WEN stated its beef supply has returned to "near-normal" levels.... More