WEN - McDonald's gets upgrade Wendy's cut at Oppenheimer
McDonald's (MCD) raised to outperform at Oppenheimer, while Wendy's (WEN) cut to perform.Sees McDonald's potential for a recovery in ``hard-hit'' international business; MCD PT $240Wendy's cut to perform as Oppenheimer analyst Brian Bittner struggles ``to identify drivers for financial upside to the consensus model in ‘21/’22 or uncover new enablers of valuation expansion''2021 top picks at Oppenheimer include Starbucks (SBUX), Darden (DRI) and Papa John's (PZZA)Earlier this week Wedbush started off coverage on McDonald's with an Outperform ratingMCD up 1.1% in premarket trading
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McDonald's gets upgrade, Wendy's cut at Oppenheimer