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Fly News Breaks for February 19, 2020
Feb 19, 2020 | 15:16 EDT
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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