Citigroup Maintains Neutral on Wingstop, Raises Price Target to $398
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Jon Tower maintains a Neutral rating on Wingstop (NASDAQ:WING) and raises the price target from $375 to $398.
May 02, 2024 | 11:45 pm
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Citigroup maintains a Neutral rating on Wingstop and raises the price target from $375 to $398.
The increase in price target by Citigroup suggests a positive outlook on Wingstop's stock value in the short term, despite maintaining a Neutral rating. This adjustment reflects an expectation of stronger performance or favorable market conditions for Wingstop, potentially leading to increased investor interest and a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100