Wendy's (WEN) Tops Q2 EPS by 2c; Plans Sale of 425 Company-Owned Locations
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Goldman Sachs Upgrades Wendy's (WEN) to Neutral
July 24, 2013 7:34 AM EDTGoldman Sachs upgraded Wendy's (NASDAQ: WEN) from Sell to Neutral with a price target of $7.50 (from $5.00). Analyst Michael Kelter thinks movement toward an asset-light franchising model and higher margins improve the story.
"We upgrade WEN to Neutral from Sell based on the... More
