Stephens analyst Jim Salera lowered the firm’s price target on Wingstop (WING) to $225 from $300 and keeps an Overweight rating on the shares, which are no longer the firm’s 2026 Restaurant Best Idea selection. Overall, the firm remains constructive on the Wingstop story, but after this “mixed” quarter the setup has more of a “prove it” element, the analyst tells investors.
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Read More on WING:
- Wingstop price target lowered to $235 from $330 at Barclays
- Wingstop downgraded to Neutral from Buy at Goldman Sachs
- Wingstop Inc. Balances Rapid Growth With Sales Pressure
- Wingstop Kept at Hold as Analyst Questions 2026 Rebound Assumptions, Maintains $175 Price Target
- TD Cowen says Q1 appears to be the bottom for Wingstop