Barclays analyst Jeffrey Bernstein raised the firm’s price target on Wingstop (WING) to $360 from $310 and keeps an Overweight rating on the shares after visiting the company. The firm remains impressed by Wingstop’s tech stack, which it says will only be enhanced by the company’s new smart kitchen platform.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WING:
- Wingstop’s Strategic Advancements and Growth Potential Justify Buy Rating
- Wingstop price target raised to $325 from $280 at Guggenheim
- Wingstop’s Strategic Growth and Operational Enhancements Justify Buy Rating and $325 Price Target
- Wingstop price target lowered to $275 from $300 at BMO Capital
- Wingstop price target raised to $274 from $242 at Truist