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Wendy's Is A 'Show Me' Story, Goldman Sachs Analyst Says: Fast Food Joints Like Chipotle, Domino's Are Still Hot

Benzinga ·  Jun 13 23:54

Restaurant stocks have seen mixed results in 2024, but Goldman Sachs analyst Christine Cho is encouraged by many prominent brands amid today's price tailwind environment.

The Fast Food Analyst:Cho initiated ratings for the following fast food stocks:

  • Wendy's Co(NASDAQ:WEN) with a Sell rating and price target of $16.
  • Chipotle Mexican Grill, Inc(NYSE:CMG) with a Buy rating and price target of $3,730.
  • Domino's Pizza Inc(NYSE:DPZ) with a Buy rating and price target of $612.
  • Restaurant Brands International Inc(NYSE:QSR) with a Buy rating and price target of $80.
  • Starbucks Corp (NASDAQ:SBUX) with a Buy...
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