Wingstop price target lowered to $255 from $315 at Guggenheim

Guggenheim lowered the firm’s price target on Wingstop (WING) to $255 from $315 and keeps a Buy rating on the shares. The firm is cutting its 2026 EPS estimates to $4.55 from $4.90 and lowering its multiple, but says that if Wingstop is able to recover to low-single digit same-store sales growth while maintaining mid-teens global unit growth, it can “likely drive a more than doubling in share price from current levels.”