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The firm warned the activist investor s effort may cost shareholders upwards of $50 million and serve as "value destructive fog" for leadership and the board
Wendy’s (NASDAQ:WEN – Get Free Report) updated its FY23 earnings guidance on Thursday morning. The company provided earnings per share guidance of $0.95-1.00 for the period, compared to the consensus earnings per share estimate of $0.98. Wendy’s Trading Up 2.9 % WEN opened at $19.25 on Friday. The company has a debt-to-equity ratio of 8.56, […]
Wendy’s (NASDAQ:WEN – Free Report) had its price target decreased by Citigroup from $23.00 to $20.00 in a report issued on Thursday, Benzinga reports. Citigroup currently has a neutral rating on the restaurant operator’s stock. A number of other analysts have also recently weighed in on the company. Wedbush cut their price target on Wendy’s […]
Wendy’s (NASDAQ:WEN – Free Report) had its price objective decreased by Wedbush from $26.50 to $24.00 in a report issued on Wednesday morning, Benzinga reports. Wedbush currently has an outperform rating on the restaurant operator’s stock. Wedbush also issued estimates for Wendy’s’ Q3 2023 earnings at $0.26 EPS, FY2023 earnings at $0.99 EPS and Q1 […]