Morning Brief: Top Financial Stories Dominating on Wednesday, May 25
Reuters
Ford To Pay $19.2M In Multi-State Settlement For False Advertising Claims
Why Wendy’s Shares Are Surging Today
A regulatory filing shows that Nelson Peltz is considering a potential takeover bid for Wendy’s Co (NASDAQ:WEN). Peltz’ firm, Trian Fund Management,…
21 Stocks Moving in Wednesday’s Pre-Market Session
Gainers
The Singing Machine Company, Inc. (NASDAQ: MICS) shares rose 47.3% to $4.05 in pre-market trading.
McDonald’s, Wendy’s Sued Over Burgers Not Being Big And Juicy Enough
A Suffolk County resident is reportedly suing McDonald’s Corp (NYSE: MCD) and The Wendy's Co (NYSE: WEN), accusing them of defrauding customers by not sell
PreMarket Prep Hits The Drive-Thru: Comparing McDonald’s, Wendy’s Stock Performance
It is important to follow relationships and how the price action in one issue may or not affect others in its sector.
Morgan Stanley Maintains Equal-Weight on Wendy’s, Lowers Price Target to $22
Morgan Stanley maintains Wendy's (NASDAQ:WEN) with a Equal-Weight and lowers the price target from $25 to $22.
Barclays Maintains Overweight on Wendy’s, Lowers Price Target to $25
Barclays analyst Jeffrey Bernstein maintains Wendy's (NASDAQ:WEN) with a Overweight and lowers the price target from $28 to $25.
Citigroup Maintains Neutral on Wendy’s, Lowers Price Target to $18.5
Citigroup analyst Jon Tower maintains Wendy's (NASDAQ:WEN) with a Neutral and lowers the price target from $23 to $18.5.
RBC Capital Maintains Sector Perform on Wendy’s, Lowers Price Target to $20
RBC Capital analyst Christopher Carril maintains Wendy's (NASDAQ:WEN) with a Sector Perform and lowers the price target from $23 to $20.