Stephens raised the firm’s price target on Wingstop to $490 from $475 and keeps an Overweight rating on the shares. The firm believes Wingstop shares remain attractive as it expects a beat on units and same-store sales in the quarter, the analyst tells investors in an earnings preview for the restaurants group.
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Read More on WING:
- Wingstop price target raised to $440 from $417 at Citi
- The Rally in Wingstop (WING) Stock Will Likely Continue
- Wingstop price target raised to $440 from $425 at Wedbush
- Wingstop CEO: We believe we operate in a category of one
- Wingstop comps looking ‘well ahead’ of consensus in Q3, says Cleveland Research
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