UBS Raises Its PT For Wendy's-Arby's Group To $5.20
UBS raised its price target for Wendy's-Arby's Group (NYSE:WEN) to $5.20 from $5.00 and maintained its neutral rating.Wendy'sArby's Group has a potential upside of 11.7% based on a current price of $4.69 and an average consensus analyst price target of $5.24.Wendy'sArby's Group is currently above its 200-day moving average (MA) of $4.52 and should find resistance at its 50-day MA of $4.75.
Credit: Financial News Network
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