Vetr Top Raters Develop Appetite For Wendys, See 13% Upside

Shares of Wendys Co (NASDAQ: WEN) have lost nearly 15 percent since the start of 2016 but Vetr top raters appear to have recognized value in the stock and upgraded its rating.

Vetr top raters upgraded Wendys' stock rating to 4.5-stars out of a possible 5-stars. In fact, shares of Wendys have risen to $9.32 since the prior rating of 3.5-stars was issued just 9 days ago.

Related link: Here's how crowdsourced ratings can beat the market.

In addition to an upgrade, 90 percent of the crowd's ratings are bullish and the crowd sourced price target of $10.54 implies an upside of approximately 13 percent.