Wingstop (NASDAQ:WING) Trading 6.2% Higher on Analyst Upgrade

robot
Abstract generation in progress

Wingstop’s shares rose 6.2% after Raymond James upgraded the stock to a strong-buy, despite lowering its price target from $325 to $240. The company also reported beating Q1 EPS estimates while revenue slightly missed, and pays a quarterly dividend. Analyst sentiment is mixed but generally positive, with a consensus “Moderate Buy” rating and a target of $320.24, even as some directors recently sold shares.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments