Barclays analyst Jeffrey Bernstein raised the firm’s price target on Wingstop to $205 from $167 and keeps an Overweight rating on the shares. The company’s Q4 was better than expected top to bottom, all with no menu pricing, the analyst tells investors in a research note. The firm says Wingstop’s comp momentum is strong entering Q1 without benefit from the Omicron lap.
Published first on TheFly
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