Goldman Sachs Initiates Coverage On Wingstop with Neutral Rating, Announces Price Target of $407
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs has initiated coverage on Wingstop (NASDAQ:WING) with a Neutral rating and set a price target of $407.
June 13, 2024 | 11:08 am
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NEUTRAL IMPACT
Goldman Sachs has initiated coverage on Wingstop with a Neutral rating and set a price target of $407. This suggests that while the stock has potential, it may not outperform the market significantly in the short term.
The Neutral rating indicates that Goldman Sachs does not expect Wingstop to significantly outperform or underperform the market. The price target of $407 provides a specific valuation benchmark for investors.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100