Jefferies Maintains Underperform on Wingstop, Lowers Price Target to $150
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Andy Barish has maintained an Underperform rating on Wingstop (NASDAQ:WING) and lowered the price target from $174 to $150.
August 04, 2023 | 2:25 pm
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Jefferies analyst has maintained an Underperform rating on Wingstop and lowered the price target, which could negatively impact the stock price.
The lowered price target by Jefferies indicates a bearish outlook for Wingstop. This could lead to a decrease in the stock price as investors adjust their expectations based on the new price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100