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Fly News Breaks for June 7, 2018
WING
Jun 7, 2018 | 07:12 EDT
As previously reported, Wedbush analyst Nick Setyan upgraded Wingstop to Outperform from Neutral as he believes drivers of same store sales growth and margin upside relative to current consensus 2018 and 2019 estimates exist. The analyst also believes the long-term domestic and international opportunity remains underappreciated, even at Wingstop's current valuation. Additionally, Setyan raised his price target on the stock to $59 from $51.
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