Wendy's surprise same-restaurant sales drop burn shares
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Wendy's (WEN) PT Lowered to $20 at Mizuho Securities
November 8, 2018 8:40 AM ESTMizuho Securities analyst Jeremy Scott lowered the price target on Wendy's (NASDAQ: WEN) to $20.00 (from $21.00) while maintaining a Buy rating following the company's 3Q earnings report. While EPS beat at $0.17 vs $0.15 estimates on non-operating items, the market will be focused on the shelving of... More
Wendy's (WEN) PT Lowered to $20 at Mizuho Securities
November 8, 2018 8:14 AM ESTMizuho Securities analyst Jeremy Scott lowered the price target on Wendy's (NASDAQ: WEN) to $20.00 (from $21.00) while maintaining a Buy rating.
Scott commented, "Wendy's posted a top line miss in 3Q18 with flat comps in North America vs us at 1.8% (Street 2.2%),... More
