The Wendy’s (NASDAQ:DRI) Upgraded by BidaskClub to “Hold”

BidaskClub upgraded shares of The Wendy’s (NASDAQ:DRI) from a sell rating to a hold rating in a research report sent to investors on Tuesday morning, BidAskClub reports.

DRI stock opened at $75.77 on Tuesday. The business’s fifty day simple moving average is $75.80 and its two-hundred day simple moving average is $87.58. The Wendy’s has a twelve month low of $26.15 and a twelve month high of $128.41. The firm has a market cap of $8.32 billion and a price-to-earnings ratio of 27.06.

The Wendy’s Company Profile

Darden Restaurants, Inc, through its subsidiaries, owns and operates full-service restaurants in the United States and Canada. As of May 27, 2018, it owned and operated approximately 1,746 restaurants under the Olive Garden, LongHorn Steakhouse, Cheddar's Scratch Kitchen, Yard House, The Capital Grille, Bahama Breeze, Seasons 52, and Eddie V's brands.

Further Reading: Circuit Breakers

Receive News & Ratings for The Wendy's Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Wendy's and related companies with MarketBeat.com's FREE daily email newsletter.