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Wingstop price target raised to $400 from $367 at Morgan Stanley

Morgan Stanley analyst Brian Harbour raised the firm’s price target on Wingstop (WING) to $400 from $367 and keeps an Overweight rating on the shares. Most metrics continue to beat and store expansion drives future earnings “as well as anyone could hope,” the analyst tells investors in an earnings recap note. The forward view “still seems on track,” the analyst added.

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