Wingstop price target lowered to $350 from $375 at Stifel

Stifel analyst Chris O’Cull lowered the firm’s price target on Wingstop (WING) to $350 from $375 and keeps a Buy rating on the shares. The firm updated several models in the Restaurants and Franchising group following the companies’ respective earnings reports and 10-K filings. For Wingstop, the firm’s FY25 same-restaurant sales and EPS estimates remain unchanged, but its reduced its out-year comp growth projections to mid-single from high-single digits.

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