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Fly News Breaks for January 17, 2020
Jan 17, 2020 | 08:41 EDT
BMO Capital analyst Andrew Strelzik lowered his price target on Wingstop to $105 after its Investor Day presentation, also lowering his FY19 and FY20 EPS views by 3c and 5c to 73c and 89c respectively to account for the company's plans for higher incremental G&A costs intended to fund its international development. The analyst still keeps his Outperform rating on Wingstop and points to its strong sales momentum and underlying fundamentals.
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