BMO Capital Maintains Market Perform on Wingstop, Lowers Price Target to $190
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Andrew Strelzik has maintained a 'Market Perform' rating on Wingstop (NASDAQ:WING) but lowered the price target from $210 to $190.
August 04, 2023 | 2:18 pm
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Wingstop's price target has been lowered from $210 to $190 by BMO Capital, though the 'Market Perform' rating is maintained.
The lowering of the price target by BMO Capital indicates a potential decrease in the stock's value. However, the maintenance of the 'Market Perform' rating suggests that the stock is expected to perform in line with the market, which may mitigate some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100