Stephens & Co. Maintains Overweight on Wingstop, Lowers Price Target to $468
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Jim Salera maintains an Overweight rating on Wingstop (NASDAQ:WING) but lowers the price target from $490 to $468.
October 31, 2024 | 12:06 pm
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Stephens & Co. has maintained its Overweight rating on Wingstop but has lowered the price target from $490 to $468, indicating a slightly less optimistic outlook.
The maintenance of an Overweight rating suggests continued confidence in Wingstop's performance, but the lowered price target indicates a tempered outlook, which could lead to a slight negative impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100