TD Cowen Maintains Outperform on Wingstop, Raises Price Target to $410
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Andrew Charles maintains an Outperform rating on Wingstop (NASDAQ:WING) and raises the price target from $355 to $410.
March 07, 2024 | 12:34 pm
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POSITIVE IMPACT
TD Cowen has maintained its Outperform rating on Wingstop and increased the price target from $355 to $410.
The increase in price target by a reputable analyst like Andrew Charles from TD Cowen suggests a strong bullish outlook on Wingstop's stock. This is likely to instill confidence in investors and could lead to a short-term increase in the stock price as market participants adjust their valuations based on the new price target.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100