Stifel Holds Wendy’s Co. Stable, Lowers Target Price to $11
Stifel analyst Chris O’Cull recently reaffirmed his hold rating on Wendy’s Co. (WEN.US). He has revised the company’s target price from $12 to $11.
Wendy’s Co. Stock Analysis
This adjustment highlights a cautious outlook for the fast-food chain. The decision was influenced by comprehensive market analysis and current financial performance.
Analyst Performance
Chris O’Cull has a reputation for providing insightful market evaluations. According to TipRanks, his success rate stands at 50.9% with an average return of 9.7% over the past year.
Understanding Analyst Ratings
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- Success Rate: This metric represents the proportion of successful ratings relative to total ratings assigned in the past year.
- Total Average Return: This reflects the average rate of return for each analyst’s virtual portfolio over the same period.
- Star Rating: Analysts are ranked on a scale of 1 to 5 stars. A higher star rating reflects better past performance based on success rates and average returns.
It’s important to note that the information from TipRanks is not intended as an investment recommendation. Rather, it serves as a tool for investors seeking to understand the performance of various analysts.
Investors considering Wendy’s Co. should keep an eye on ongoing analyst reviews and market trends, especially after the recent target price adjustment by Stifel.
