BTIG raised the firm’s price target on Wingstop (WING) to $430 from $360 and keeps a Buy rating on the shares. The rollout of Wingstop’s Smart Kitchen platform will be a key factor in reigniting and expanding delivery sales, bridging the gap from the current 30% delivery sales mix to the 50% target, the analyst tells investors in a research note. BTIG is also positive on the company’s sales lineup unfolding into next year.
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