Wingstop price target lowered to $275 from $300 at BMO Capital

BMO Capital analyst Andrew Strelzik lowered the firm’s price target on Wingstop (WING) to $275 from $300 and keeps a Market Perform rating on the shares. The company’s Q1 EPS exceeded consensus, reflecting favorable unit growth, G&A, and interest, though its comps fell below expectations and the management lowered 2025 comp outlook, the analyst tells investors in a research note. BMO adds that it remains constructive on long-term fundamentals but expects shares to remain limited until visibility to comp stabilization improves.