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Fly News Breaks for March 26, 2019
WING
Mar 26, 2019 | 17:24 EDT
BMO Capital analyst Andrew Strelzik initiated Wingstop with an Outperform rating and $85 price target, citing the company's "desirable combination of long-tailed unit growth and superior operating/growth metrics" with an "asset-light model that enables cash returns to shareholders at levels usually reserved for slower growth mature peers." Strelzik said Wingstop was one of the most attractive long-term growth investment opportunities in the Restaurant sector.
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