Wells Fargo analyst Zachary Fadem raised the firm’s price target on Wingstop (WING) to $300 from $270 and keeps an Overweight rating on the shares. While Q1 was soft and quarter-over-date stepping down, the firm sees risk/reward improving. 3-year stacks are holding, Q2 very likely trough, and second half of the year catalysts are coming via Smart Kitchen rollout, loyalty marketing and easing compares, Wells adds.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WING:
- Wingstop price target raised to $272 from $271 at Piper Sandler
- Wingstop Poised for Growth: Strategic Initiatives and Strong Trends Drive Buy Rating
- Wingstop price target raised to $310 from $260 at Barclays
- Wingstop Inc. Reports Strong Q1 2025 Earnings Growth
- Wingstop’s Earnings Call: Growth Amid Challenges
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue