Wingstop price target lowered to $190 from $210 at BMO Capital

BMO Capital lowered the firm’s price target on Wingstop to $190 from $210 and keeps a Market Perform rating on the shares. The company’s underlying business momentum remains strong and long-term opportunity is compelling, the the expected slowing sales trends in the second half against harder comps limits share gains in the near term, the analyst tells investors in a research note.