Guggenheim raised the firm’s price target on Wingstop (WING) to $325 from $280 and keeps a Buy rating on the shares. Management has guided to a material same-store sales improvement in the second half from what will likely be a soft Q2, but increased unit growth assumptions drive “the bulk of our upward revisions,” says the analyst, who is taking the firm’s 2025 and 2026E EPS forecasts up to $3.88 and $5.00 from $3.85 and $4.80, respectively.
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- Wingstop’s Strategic Growth and Operational Enhancements Justify Buy Rating and $325 Price Target
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- Wingstop price target raised to $310 from $265 at TD Cowen
- Wingstop price target raised to $280 from $255 at UBS