Wendy's downgraded at Janney Capital As previously reported, Janney downgraded Wendy's to Neutral from Buy. The firm downgraded shares due to valuation and sees the potential for Q4 same-store-sales to be in line or slightly below Street expectations when it reports on January 14. Price target is $9.
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.