From Financial Modeling Prep: 2025-02-18 11:39:00

Evercore ISI analysts reiterated an In Line rating on Wendy’s (NASDAQ:WEN) with a $18.00 price target ahead of the company’s Investor Day on March 6, citing potential upside. Wendy’s stock is trading at a discount compared to peers, with a valuation gap that could narrow by 1-2 turns post-Investor Day, potentially boosting the stock by 10-15%.

Analysts highlighted four key reasons for potential gains in Wendy’s stock. Despite industry headwinds, there is renewed optimism around a potential turnaround as trends may have bottomed out and comparisons are expected to ease later in the year. Wendy’s also remains a potential M&A candidate in a favorable business environment, offering compelling value for investors.

Wendy’s valuation remains relatively low compared to global franchised peers, trading at a 30% discount. The stock is positioned for potential gains following Investor Day, with Evercore suggesting a 10-15% boost. Despite challenges and competitive pressure, Wendy’s could benefit from a more favorable macro environment and stabilize performance in the fast-food sector.



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