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APR 01, 2013 - TheStreet

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Wendy's Pursues a Delicate Balance

NEW YORK (TheStreet) -- Shares of fast-food giant Wendy's are still struggling to find solid footing ever since Morgan Stanley analyst, John Glass, lowered his rating on the stock to "Underweight" from "Equal-weight" on March 1. While setting a $5.00 price target, Glass suggested that the company's restructuring efforts may take longer than investors expect. However, it would seem the company's actually on schedule. And if fourth-quarter earnings serve as indication, Wendy's plan to be "A Cut Above" should produce gains above what the Street expects. Change We Can Believe In It ... Read More

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