Morgan Stanley Maintains Equal-Weight on Wingstop, Raises Price Target to $400
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst John Glass maintains an Equal-Weight rating on Wingstop (NASDAQ:WING) and raises the price target from $390 to $400.
July 16, 2024 | 4:35 pm
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POSITIVE IMPACT
Morgan Stanley analyst John Glass maintains an Equal-Weight rating on Wingstop and raises the price target from $390 to $400.
The raised price target from $390 to $400 by a reputable analyst at Morgan Stanley is a positive signal for investors, indicating potential upside. However, the Equal-Weight rating suggests a balanced view, implying that the stock is expected to perform in line with the market.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100