Wendy's Needs Improved Cash Returns From New US Units To Accelerate Growth, Analyst Says
1. JPMorgan lowers WEN's price forecast from $20 to $17. 2. Wendy’s U.S. units have seen a growth decline since 2014. 3. Despite a dividend cut, WEN still offers a 4% yield. 4. Capital expenditures are rising significantly for new franchise builds. 5. Investor update scheduled for March 6 could provide strategic insights.