Wingstop price target raised to $191 from $186 at Truist

Truist raised the firm’s price target on Wingstop to $191 from $186 and keeps a Hold rating on the shares as part of a broader research note on Restaurants. The firm’s Truist Card Data findings suggest in-line sales on average in Q3 for the group, the analyst tells investors in a research note. Truist adds that its estimates for the company company are not impacted by difficult year ago compares, though its “aggressive bundled offerings” that include Latto Meal with bone-in wings in mid-July and Cajun Meal Deal launched on August 29th may have boosted sales quarter-to-date.