BMO Capital analyst Andrew Strelzik raised the firm’s price target on Wingstop to $210 from $190 and keeps a Market Perform rating on the shares. Wingstop is firing on all cylinders, navigating the lap of year-ago initiatives better than expected, and its strategy should continue driving strong sales growth, franchisee/company profitability, and store growth, the analyst tells investors in a research note.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on WING:
- McDonald’s Stock (NYSE:MCD): Dividend Growth Acceleration is Here to Stay
- Olo price target lowered to $7 from $10 at Piper Sandler
- Wingstop price target raised to $215 from $200 at Benchmark
- Wingstop price target raised to $199 from $185 at Morgan Stanley
- Wingstop price target raised to $205 from $180 at RBC Capital