TD Cowen raised the firm’s price target on Wingstop (WING) to $330 from $310 and keeps a Buy rating on the shares. The firm said they are impressed by Wingstop’s new smart kitchens to improve speed and consistency. The result is customer quote times of 10 minutes that significantly outpace the prior quote times of 20 minutes at best.
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Read More on WING:
- Wingstop’s Strategic Growth and Innovation Drive: Buy Rating Justified by Smart Kitchen Advancements
- Wingstop price target raised to $360 from $319 at BofA
- Wingstop’s Growth Potential Boosted by Smart Kitchen Innovation and Operational Improvements
- Wingstop price target raised to $320 from $300 at Wells Fargo
- Wingstop’s Strategic Advancements and Long-term Growth Potential Drive Buy Rating
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