Evercore ISI Group analyst David Palmer downgrades Wendy’s (NASDAQ:WEN) from Outperform to In-Line and announces $25 price target.
ZTO Announced Clarifications to Errors in Filing
ZTO Express (Cayman) Inc. (NYSE: ZTO and SEHK: 2057), a leading and fast-growing express delivery company in China ("ZTO" or the "Company"), today announced clarifications to errors contained in a filing. The Company had submitted a current report on Form 6-K to the U.S. Securities and Exchange Commission on August 24, which contained erroneous references to a proposed offering.