Stock Track | Wendy's Stock Plummets 5.01% Intraday Amid Multiple Analyst Price Target Cuts

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Wendy's Company (WEN) shares plummeted 5.01% during intraday trading on Tuesday, reflecting significant selling pressure.

The sharp decline follows a series of analyst price target reductions issued earlier in the day. Barclays, Deutsche Bank, Evercore ISI, and Truist Securities all lowered their targets for the fast-food chain. Barclays and Evercore ISI both cut their targets to $8 from $9, while Deutsche Bank reduced its target to $8 from $10. Truist Securities maintained a Buy rating but lowered its target to $10 from $11.

These adjustments contributed to a negative shift in market sentiment towards the stock. Analyst commentary referenced the company's mixed fourth-quarter performance as a factor in the revised outlook.

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Barclays, Deutsche Bank, Evercore ISI, and Truist Securities all lowered their targets for the fast-food chain. Barclays and Evercore ISI both cut their targets to $8 from $9, while Deutsche Bank reduced its target to $8 from $10. Truist Securities maintained a Buy rating but lowered its target to $10 from $11.</p><p>These adjustments contributed to a negative shift in market sentiment towards the stock. Analyst commentary referenced the company's mixed fourth-quarter performance as a factor in the revised outlook.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"WEN","symbol_name":"温蒂汉堡","start_time":0,"source_url":"","article_id":"1160042361","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1160042361","pubTimestamp":1771339222,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Wendy's Company (WEN) shares plummeted 5.01% during intraday trading on Tuesday, reflecting significant selling pressure.The sharp decline follows a series of analyst price target reductions issued...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"WEN":"温蒂汉堡"},"translate_title":"个股追踪|多位分析师下调目标价下温迪股价盘中暴跌5.01%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"WEN":1},"content_text":"Wendy's Company (WEN) shares plummeted 5.01% during intraday trading on Tuesday, reflecting significant selling pressure.The sharp decline follows a series of analyst price target reductions issued earlier in the day. 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