Wendy's downgraded at Morgan Stanley As previously reported, Morgan Stanley downgraded Wendy's to Equal Weight from Overweight. The firm downgrade shares to reflect recent share strength, macro pressures, and increased competition. Price target is $5.
News For WEN From The Last 14 Days
Check below for free stories on WEN the last two weeks.
Wendy's plans to double pace of Image Activation reimages in 2014 The company also expects 15 new Company-operated Image Activation restaurants and 45 new franchise-operated Image Activation restaurants in 2014. The Company continues to target the implementation of Image Activation in 85 percent of its Company-operated restaurants and 35 percent of the North America system by the end of 2017.