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Recommendations
Wingstop added to Best Ideas List at Wedbush » 08:15
03/24/20
03/24
08:15
03/24/20
08:15
WING

Wingstop

$62.88 /

+6.34 (+11.21%)

Wedbush analyst Nick…

Wedbush analyst Nick Setyan added Wingstop to his firm's Best Ideas List, lowered his price target on the shares to $85 from $100 and kept an Outperform rating on the shares. The analyst expects comparatively less sales declines than peers from an adverse COVID-19 impact. He also believes lower wing costs are poised to somewhat offset labor and other OpEx deleverage. Lastly, Setyan sees no liquidity or credit risks.

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Recommendations
Microsoft, Alphabet among stocks in Wedbush's Shopping List » 08:09
03/24/20
03/24
08:09
03/24/20
08:09
MSFT

Microsoft

$135.56 /

-1.2 (-0.88%)

, GOOG

Alphabet

$1,057.53 /

-14.78 (-1.38%)

, GOOGL

Alphabet Class A

$1,054.13 /

-13.69 (-1.28%)

, AEO

American Eagle

$7.76 /

-0.985 (-11.27%)

, AMD

AMD

$41.66 /

+2.07 (+5.23%)

, ANF

Abercrombie & Fitch

$8.21 /

-0.5 (-5.74%)

, ATVI

Activision Blizzard

$56.42 /

+4.37 (+8.40%)

, AZO

AutoZone

$725.82 /

-9.81 (-1.33%)

, CMG

Chipotle

$592.66 /

+25.47 (+4.49%)

, CRM

Salesforce

$140.45 /

+0.645 (+0.46%)

, LOW

Lowe's

$67.97 /

+1.62 (+2.44%)

, NKE

Nike

$62.84 /

-4.62 (-6.85%)

, NVDA

Nvidia

$212.33 /

+6.69 (+3.25%)

, WING

Wingstop

$62.88 /

+6.34 (+11.21%)

Following the past…

Following the past month's material market selloff, Wedbush has compiled a "Shopping List" of sorts, populated by each analyst's two top long-term ideas. The firm views these stocks as relatively "on sale," and all are names where it has particularly strong conviction around its long-term thesis, and also is confident about each company's balance sheet and ability to weather the storm, should this difficult healthcare/economic window prove longer-lasting. Among the names in the list are American Eagle (AEO), AMD (AMD), Abercrombie & Fitch (ANF), Activision Blizzard (ATVI), Autozone (AZO), Chipotle (CMG), Salesforce (CRM), Alphabet (GOOG), Lowe's (LOW), Microsoft (MSFT), Nike (NKE), Nvidia (NVDA), and Wingstop (WING).

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Over a month ago
Recommendations
Wingstop price target raised to $118 from $100 at Loop Capital » 09:30
02/20/20
02/20
09:30
02/20/20
09:30
WING

Wingstop

$98.52 /

-3.25 (-3.19%)

Loop Capital analyst…

Loop Capital analyst Lynne Collier raised her price target on Wingstop to $118 and kept her Buy rating after its "modestly in-line" Q4 results, when adjusted for one-time G&A items and a higher tax rate. The analyst sees the company's 12.2% domestic comp growth as "impressive", meeting its pre-announcement levels from last month. Based on Wingstop's digital growth and the recent roll-out of 3rd party delivery, Collier believes that the company's industry-leading comp growth can be sustained.

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Recommendations
Wingstop price target raised to $113 from $104 at SunTrust » 08:46
02/20/20
02/20
08:46
02/20/20
08:46
WING

Wingstop

$98.52 /

-3.25 (-3.19%)

SunTrust analyst Jake…

SunTrust analyst Jake Bartlett raised his price target on Wingstop to $113 and kept his Buy rating after its Q4 results, saying the company's "solid" EBITDA flow-through from "modest" levels of expected SG&A increase implies improving operating leverage. The analyst also points to the company's indication that its same-store-sales momentum seen in late 2019 has continued into 2020 with strong sales seen during the Super Bowl.

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Recommendations
Wingstop price target raised to $90 from $83 at Jefferies » 06:15
02/20/20
02/20
06:15
02/20/20
06:15
WING

Wingstop

$98.52 /

-3.25 (-3.19%)

Jefferies analyst Andy…

Jefferies analyst Andy Barish raised the firm's price target on Wingstop to $90 from $83 and keeps a Hold rating on the shares. The analyst expects the company's same-store-sales momentum to continue into 2020 but believes the current valuation already reflects another year of "premium growth."

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Hot Stocks
Wingstop CEO: We have some of the best margins in the industry » 18:28
02/19/20
02/19
18:28
02/19/20
18:28
WING

Wingstop

$98.52 /

-3.25 (-3.19%)

In an interview on…

In an interview on CNBC's Mad Money, Wingstop CEO Charlie Morrison said, "We are a brand in a category all by ourselves. Our brand has had success in any market we've entered." Morrison said the company has a great relationship with DoorDash where each of them benefits. When discussing growth opportunities, he noted, "We have 600 restaurants in our pipeline, there is room for growth. 90% of the restaurants we open come from existing franchises." Morrison finished by saying that he was "really excited" about the international opportunity as the brand is "taking off in Europe."

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Recommendations
Wingstop price target raised to $110 from $105 at Wedbush » 15:16
02/19/20
02/19
15:16
02/19/20
15:16
WING

Wingstop

$100.49 /

-1.28 (-1.26%)

Wedbush analyst Nick…

Wedbush analyst Nick Setyan raised the firm's price target on Wingstop to $110 from $105 and keeps an Outperform rating on the shares following the company's Q4 report, stating that he is not surprised that its initial 2020 guidance calls for "mid-single-digit" same-store sales growth although he sees drivers for high-single digit SSS growth. He also believes the company's margin expectations remain conservative, Setyan tells investors.

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Hot Stocks
Wingstop sees FY20 mid-single digit domestic SSS growth » 07:35
02/19/20
02/19
07:35
02/19/20
07:35
WING

Wingstop

$101.77 /

+1.68 (+1.68%)

Sees 10%-plus system-wide…

Sees 10%-plus system-wide annual unit growth. Additionally, the Company is expecting Selling, general and administrative costs for fiscal year 2020 of between $59.5 - $62.5M, and Adjusted SG&A, a non-GAAP measure, of between $42 - $45M.

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Hot Stocks
Wingstop reports FY19 domestic SSS up 11.1%  07:33
02/19/20
02/19
07:33
02/19/20
07:33
WING

Wingstop

$101.77 /

+1.68 (+1.68%)

 
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Hot Stocks
Wingstop reports Q4 domestic SSS up 12.2%  07:33
02/19/20
02/19
07:33
02/19/20
07:33
WING

Wingstop

$101.77 /

+1.68 (+1.68%)

 
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