Wedbush Maintains Outperform on Wingstop, Raises Price Target to $425
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Nick Setyan maintains an Outperform rating on Wingstop (NASDAQ:WING) and raises the price target from $400 to $425, indicating a positive outlook on the company's stock.
May 02, 2024 | 10:17 am
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Wedbush analyst Nick Setyan maintains an Outperform rating on Wingstop and raises the price target from $400 to $425.
The increase in price target by a reputable analyst like Nick Setyan from Wedbush suggests a strong bullish sentiment towards Wingstop's stock. This is likely to positively influence investor perception and could lead to a short-term increase in the stock price, as market participants often react to analyst ratings and price target adjustments.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100