Citigroup Maintains Neutral on Wingstop, Raises Price Target to $440
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Jon Tower maintains a Neutral rating on Wingstop (NASDAQ:WING) but raises the price target from $417 to $440.
October 04, 2024 | 7:03 pm
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Citigroup analyst Jon Tower maintains a Neutral rating on Wingstop but raises the price target from $417 to $440, indicating a positive outlook on the stock's potential.
The increase in price target from $417 to $440 suggests a positive outlook on Wingstop's future performance, which could lead to a short-term increase in stock price. However, the Neutral rating indicates that the analyst sees balanced risks and rewards at the current price level.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100