Barclays Maintains Overweight on Wingstop, Raises Price Target to $418
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jeffrey Bernstein maintains an Overweight rating on Wingstop (NASDAQ:WING) and raises the price target from $350 to $418.
May 02, 2024 | 6:17 pm
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POSITIVE IMPACT
Barclays maintains an Overweight rating on Wingstop and increases the price target to $418.
The upgrade in price target by a reputable analyst like Jeffrey Bernstein from Barclays indicates a strong bullish outlook on Wingstop. This is likely to instill confidence among investors, potentially driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100