TD Cowen analyst Andrew Charles lowered the firm’s price target on Wingstop (WING) to $175 from $285 and keeps a Hold rating on the shares. Following channel checks, the firm reduced its Q1 same-store-sales estimate to down 6.5% from down 4.0%, below the consensus estimate of down 4.7%. TD sees risk of incremental negative news for Wingstop, including a lowered 2026 same-store-sales outlook.
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