Wingstop price target raised to $148 from $135 at Deutsche Bank

Deutsche Bank analyst Brian Mullan raised the firm’s price target on Wingstop to $148 from $135 and keeps a Hold rating on the shares. The business "continues to fire on all cylinders and has a bright long-term growth outlook, but we see this offset by valuation that we find hard to embrace with enthusiasm, at present," Mullan tells investors in a research note.