Loop Capital Maintains Buy on Wendy's, Maintains $26 Price Target
$WEN
Restaurants
Consumer Discretionary
Loop Capital analyst Alton Stump maintains Wendy's (NASDAQ:WEN) with a Buy and maintains $26 price target.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/13/2024 | $16.00 | Sell | Goldman |
| 4/12/2024 | $20.00 | Equal-Weight | Stephens |
| 2/22/2024 | $24.00 → $20.00 | Outperform → Mkt Perform | Bernstein |
| 2/21/2024 | $22.00 → $19.00 | Overweight → Neutral | JP Morgan |
| 1/16/2024 | $21.00 | Buy → Hold | Gordon Haskett |
| 1/3/2024 | $23.00 → $21.00 | Overweight → Equal Weight | Barclays |
| 12/21/2023 | $21.00 | Outperform → Neutral | Wedbush |
| 10/19/2023 | $20.00 | Hold | Deutsche Bank |
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SC 13D/A - Wendy's Co (0000030697) (Subject)
Goldman initiated coverage of Wendy's with a rating of Sell and set a new price target of $16.00
Stephens resumed coverage of Wendy's with a rating of Equal-Weight and set a new price target of $20.00
Bernstein downgraded Wendy's from Outperform to Mkt Perform and set a new price target of $20.00 from $24.00 previously
DUBLIN, Ohio, Oct. 31, 2024 /PRNewswire/ -- The Wendy's Company (NASDAQ:WEN) today reported unaudited results for the third quarter ended September 29, 2024. "Wendy's restaurants continued to deliver sales growth during the third quarter, maintaining overall traffic and dollar share in the QSR burger category," said Kirk Tanner, President and Chief Executive Officer. "We continued to strengthen the relationship with our customers through our digital and loyalty platforms while driving growth for the breakfast and late-night dayparts. We expect to build on this progress into th
DUBLIN, Ohio, Oct. 9, 2024 /PRNewswire/ -- The Wendy's Company (NASDAQ:WEN) will release its third quarter 2024 results before the market opens on Thursday, October 31. The Company will host a conference call that same day at 8:30 a.m. ET, with a simultaneous webcast from the Company's Investor Relations website at www.irwendys.com. The related presentation materials will also be available on the Company's Investor Relations website. The live conference call will be available by telephone at (844) 200-6205 for domestic callers and (929) 526-1599 for international callers, both using event ID 838590. An archived webcast and presentation materials will be available on the Company's Investor Re
Dublin, Ohio, Aug. 1, 2024 /PRNewswire/ -- The Wendy's Company (NASDAQ:WEN) today reported unaudited results for the second quarter ended June 30, 2024. "Our restaurants across the globe continued to deliver same-restaurant sales growth, holding steady with the QSR burger category in the second quarter," President and Chief Executive Officer Kirk Tanner said. "Our industry leading quality, exciting innovation, and compelling value will remain in focus as we continue to execute our customer first approach and drive the restaurant economic model throughout the rest of the year a
Cook to Succeed Gunther Plosch Effective December 2 DUBLIN, Ohio, Nov. 18, 2024 /PRNewswire/ -- The Wendy's Company (NASDAQ:WEN) today announced the appointment of Ken Cook as Chief Financial Officer, effective December 2, 2024. He will report to President and Chief Executive Officer Kirk Tanner and serve on the Wendy's Senior Leadership Team. Cook will succeed Gunther Plosch who has served as Chief Financial Officer since 2016 and will depart the Company at the end of the year after a transition with Cook. Cook most recently served as Head of Financial Planning and Analysis a
John Min Appointed Chief Legal Officer and Secretary Mary Greenlee Named Senior Vice President, U.S. Operations DUBLIN, Ohio, Sept. 16, 2024 /PRNewswire/ -- The Wendy's Company (NASDAQ:WEN) ("Wendy's" or the "Company") announced today the appointment of John Min as the Company's Chief Legal Officer and Secretary and Mary Greenlee as Senior Vice President, U.S. Operations, effective today. These appointments represent the continued evolution of the Company's leadership structure to drive accountability and accelerate growth. Min will report to President and Chief Executive Officer, Kirk Tanner, and Greenlee will report to President, U.S., Abigail Pringle. Min succeeds E.J. Wunsch, who was app
Nelson Peltz Appointed Chairman Emeritus DUBLIN, Ohio, Sept. 6, 2024 /PRNewswire/ -- The Wendy's Company (Nasdaq: WEN) today announced that its Board of Directors has appointed Arthur B. Winkleblack as non-executive Chairman of the Board. He succeeds Nelson Peltz, who has been named Chairman Emeritus in recognition of his long-time leadership, counsel, guidance and contributions to the Board and the Company. Winkleblack has served as Lead Independent Director since October 2023 and has been a member of the Board since 2016. He also serves as Chairman of the Nominating and Corp
8-K - Wendy's Co (0000030697) (Filer)
10-Q - Wendy's Co (0000030697) (Filer)
8-K - Wendy's Co (0000030697) (Filer)
4 - Wendy's Co (0000030697) (Issuer)
4 - Wendy's Co (0000030697) (Issuer)
4 - Wendy's Co (0000030697) (Issuer)
Wedbush analyst Nick Setyan maintains Wendy's (NASDAQ:WEN) with a Neutral and lowers the price target from $21 to $19.5.
TD Cowen analyst Andrew Charles maintains Wendy's (NASDAQ:WEN) with a Hold and lowers the price target from $19 to $17.
Morgan Stanley analyst John Glass maintains Wendy's (NASDAQ:WEN) with a Equal-Weight and lowers the price target from $20 to $19.
Cook to Succeed Gunther Plosch Effective December 2 DUBLIN, Ohio, Nov. 18, 2024 /PRNewswire/ -- The Wendy's Company (NASDAQ:WEN) today announced the appointment of Ken Cook as Chief Financial Officer, effective December 2, 2024. He will report to President and Chief Executive Officer Kirk Tanner and serve on the Wendy's Senior Leadership Team. Cook will succeed Gunther Plosch who has served as Chief Financial Officer since 2016 and will depart the Company at the end of the year after a transition with Cook. Cook most recently served as Head of Financial Planning and Analysis a
Fans can turn up flavor and savings with exclusive deal in the Wendy's app ahead of Thanksgiving gatherings DUBLIN, Ohio, Nov. 18, 2024 /PRNewswire/ -- WHAT: The Queen of Spice just dropped a HOT deal. Now through December 29, Wendy's® fans can bring the heat to their tastebuds and not the family gathering with a $3.99 Spicy Chicken Sandwich deal, available every day with the offer exclusively in the Wendy's app.* Wendy's is home to the OG Spicy Chicken Sandwich – launched in 1995 – featuring juicy chicken breast marinated and breaded in a unique, fiery blend of peppers and sp
Fans can pair seasonal Frosty flavor with new fall menu items beginning November 12 DUBLIN, Ohio, Nov. 12, 2024 /PRNewswire/ -- For 55 years, Wendy's iconic Frosty® has captured the hearts and tastebuds of Wendy's® fans with its creamy texture and satisfying sweetness. To celebrate this milestone, participating Wendy's restaurants nationwide are serving the newest seasonal Frosty flavor, Salted Caramel Frosty, beginning Tuesday, November 12.* Featuring notes of rich, salty caramel, this limited-time flavor is cool and cozy in every bite. Fans can pair the Salted Caramel Frosty