Analyst Sees Wendy’s Playing Catch-Up, Needs Stronger Focus on Tech, Talent & Global Expansion
J.P. Morgan analyst Rahul Krotthapalli maintains a Neutral rating on Wendy’s with a $17 price target. Despite its strong U.S. presence, Wendy’s faces a sub-1x sales/investment ratio. Latest Ratings for WEN Date Firm Action From To Jan 2022 Stephens & Co. Maintains Overweight Nov 2021 Argus Research Downgrades Buy Hold Nov 2021 RBC Capital Maintains…