DA Davidson Reiterates Buy Rating on Wingstop (WING)
DA Davidson analyst Matt Curtis reiterated a Buy rating and $250.00 price target on Wingstop (NASDAQ: WING).
The analyst commented, "Ongoing concerns over weak credit card transaction data have kept shares under pressure this week, which are now down 40% so far in March to trade at an all-time low EV/EBITDA of just 21 times our FY26 estimate, creating what we view as an extremely attractive buying opportunity for an established high-quality growth name with a long development runway at home and abroad, supported by industry-leading unit economics and ample evidence of geographic portability."
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Shares of Wingstop closed at $155.67 yesterday.