Wingstop added to Best Ideas List at Wedbush

Wedbush added Wingstop (WING) to the firm’s Best Ideas List. The firm views Wingstop as well-positioned to deliver mid-single digit same-store sales growth in 2025 given its attractive value proposition and perception, and sees continued growth in digital, including opportunities around hyper-personalization and increasing retention and frequency of both traditional Wingstop customers and new customers brought in by the chicken sandwich, the analyst tells investors in a research note. Wedbush also believes current buy-side growth expectations for 2025 SSS are overly conservative. The firm has an Outperform rating and $390 price target on the shares.