Benchmark analyst Todd Brooks lowered the firm’s price target on Wingstop (WING) to $325 from $340 and keeps a Buy rating on the shares. Wingstop reported “mixed” Q4 results, with revenue, same-store sales and restaurant level margins falling short of consensus while operating income, EPS, and adjusted EBITDA all beat, the analyst tells investors.
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Read More on WING:
- Wingstop’s Strong Growth Potential: Todd Brooks Recommends Buy Despite Near-term Challenges
- Wingstop price target lowered to $375 from $389 at Morgan Stanley
- Optimistic Long-Term Prospects for Wingstop Amidst Short-Term Challenges: A Buy Rating with Strategic Growth Insights
- Wingstop’s Growth Prospects: Strategic Initiatives and International Expansion Drive Buy Rating
- Wingstop price target lowered to $355 from $390 at Wedbush