Goldman Sachs raised the firm’s price target on Wingstop (WING) to $335 from $315 and keeps a Buy rating on the shares after its Q4 earnings beat. The firm cites the company’s better than expected Q4 comps while noting that restaurant level margins of 24.4% represented y/y expansion of about 200bps, partially driven by lower bone-in chicken wing costs, the analyst tells investors in a research note.
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