Wingstop price target raised to $420 from $400 at Truist

Truist analyst Jake Bartlett raised the firm’s price target on Wingstop (WING) to $420 from $400 and keeps a Buy rating on the shares. Monthly comps have been volatile and dipped in July, but the firm continues to expect easing year-ago compares, a growing benefit from WING’s ‘Smart Kitchen’ roll-out, and ongoing sales drivers to drive at least mid-single-digit SSS starting in Q4 and throughout FY26, the analyst tells investors in a research note.