Morgan Stanley Maintains Equal-Weight on Wingstop, Raises Price Target to $199
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Brian Harbour has maintained an Equal-Weight rating on Wingstop (NASDAQ:WING) and raised the price target from $185 to $199.
November 02, 2023 | 7:22 pm
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Morgan Stanley has maintained an Equal-Weight rating on Wingstop and raised the price target from $185 to $199, which could potentially lead to an increase in the stock's price.
The raised price target by Morgan Stanley indicates a positive outlook for Wingstop. This could potentially lead to an increase in the stock's price as it suggests that the analyst believes the stock is undervalued at its current price.
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