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Morgan Stanley Downgrades Wingstop For Valuation Reasons
Thursday, October 18, 2018 - 12:44pm | 337After gaining around 80 percent year-to-date, the bullish case for Wingstop Inc (NASDAQ: WING) can no longer be justified for valuation reasons. The Analyst Morgan Stanley's John Glass downgraded Wingstop from Overweight to Equal-weight with a price target lifted from $60 to $69. The Thesis...
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BTIG Says Wingstop's Stock Has Gone 'Too Far Too Fast'
Tuesday, September 4, 2018 - 2:28pm | 363Up more than 70 percent year-to-date and 35 percent since April, shares of Wingstop Inc (NASDAQ: WING) have risen "too far too fast," according to BTIG. The Analyst BTIG's Peter Saleh downgraded Wingstop from Buy to Neutral. The Thesis Restaurant chains who have shown an ability to...
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4 Reasons Why Wedbush Upgraded Wingstop
Thursday, June 7, 2018 - 11:10am | 385Chicken wing restaurant chain Wingstop Inc (NASDAQ: WING) boats multiple catalysts that are "underappreciated" by investors and not factored into the stock's valuation, according to Wedbush. The Analyst Wedbush's Nick Setyan upgraded Wingstop from Neutral to Outperform with...
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Morgan Stanley, Stephens Optimistic On Wingstop Despite Questionable 2018 Guidance
Friday, February 23, 2018 - 11:57am | 510Wingstop Inc (NASDAQ: WING) shares plummeted after the restaurant chain issued weak fiscal 2018 earnings guidance at the same time it posted a fourth-quarter earnings and sales beat on Thursday. Morgan Stanley's and Stephens' positions on the company remain unchanged despite the...
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Wedbush Loses Its Appetite For Wingstop, Downgrades To Neutral
Friday, January 5, 2018 - 1:56pm | 460Wingstop Inc (NASDAQ: WING) investors saw their shares gain more than 35 percen in 2017. But some Wall Street analysts are now calling for zero appreciation in the stock throughout 2018. The Analyst Wedbush's Nick Setyan downgraded Wingstop from Outperform to Neutral with a price target...
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After Arby's Offer, Could Buffalo Wild Wings Receive A Competing Bid?
Tuesday, November 28, 2017 - 1:27pm | 392Buffalo Wild Wings (NASDAQ: BWLD) agreed Tuesday to accept a $157-per-share buyout offer from Arby's Restaurant Group, which is controlled by the private equity investment firm Roark Capital Group. It has yet to be seen if a competing bid will be presented to acquire the chicken wing restaurant...
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More Meats: Arby's To Merge With Buffalo Wild Wings
Tuesday, November 28, 2017 - 9:12am | 616Struggling restaurant chain Buffalo Wild Wings (NASDAQ: BWLD) saw its stock dip below the $100 per share earlier this year, but was thrown a lifeline in the form of a takeout offer. What You Need To Know Roark Capital, a private equity investment firm that owns various restaurant chains including...
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Buffalo Wild Wings Takeout Bid Limits Upside From Here; Deutsche Bank Downgrades Stock
Friday, November 17, 2017 - 11:45am | 423Private equity firm Roark Capital is reportedly interested in acquiring Buffalo Wild Wings (NASDAQ: BWLD), but there has been no confirmation of a deal or any indication if talks are ongoing. The Analyst Deutsche Bank's Brett Levy downgraded Buffalo Wild Wings' stock from Buy to Hold with...
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The Sell-Side Take On B-Dubs Buyout Rumors
Tuesday, November 14, 2017 - 4:56pm | 849Shares of Buffalo Wild Wings (NASDAQ: BWLD) surged higher by 25 percent Tuesday after The Wall Street Journal reported the restaurant could be acquired by Roark Capital Group, a private equity firm, for more than $2.3 billion, or around $150 per share. Here's how some of Wall Street's top...
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Roark Capital, The Company That Made A Bid For Buffalo Wild Wings, Has Quite The Restaurant Portfolio
Tuesday, November 14, 2017 - 9:21am | 472Shares of Buffalo Wild Wings (NASDAQ: BWLD) surged higher by more than 25 percent after the restaurant chain received a take-out offer. What You Need To Know Roark Capital offered to buy the chicken wing casual fast food chain for $2.3 billion, or more than $150 per share, according to a report...
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Can New Promotions Rescue Buffalo Wild Wings?
Thursday, October 26, 2017 - 8:43am | 666Throughout most of 2017, shares of Buffalo Wild Wings (NASDAQ: BWLD) faced heavy selling pressures amid a heightened promotional environment, rising chicken wing prices and an activist campaign that resulted in the resignation of its CEO Sally Smith. But shares of Buffalo Wild Wings were trading...
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Of Hurricanes And Chicken Wings: A B-Dubs Story
Tuesday, September 19, 2017 - 3:09pm | 424A revision to Buffalo Wild Wings (NASDAQ: BWLD)'s financial model is necessary to reflect promotional changes, the impact of hurricanes Harvey and Irma, and chicken wing prices, analysts at Canaccord Genuity commented in a research report. The firm's Lynne Collier maintains a Hold rating on...
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B-Dubs Headwinds Persist, But 2018 Looks Interesting
Friday, September 15, 2017 - 11:36am | 413Analyst at Oppenheimer hold both a negative view on Buffalo Wild Wings (NASDAQ: BWLD)'s near-term outlook, but see a path towards improvement in 2018. The firm's Brian Bittner maintains an Outperform rating on Buffalo Wild Wings' stock with an unchanged $135 price target. Over the near-...
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B-Dubs' Fundamentals Still Challenged But Upside Still Possible
Thursday, July 27, 2017 - 11:43am | 706Buffalo Wild Wings (NASDAQ: BWLD)'s stock is flirting with the $100 per share mark for the first time since 2013. This level is on the back of the restaurant chain's second-quarter earnings report, which disappointed investors. But not all analysts on the Street are ready to throw in the...
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2 Different Takes On B-Dubs Ahead Of Earnings
Friday, July 7, 2017 - 4:57pm | 500Shares of Buffalo Wild Wings (NASDAQ: BWLD) continue trading near multi-year lows, but could stage a rebound ahead of the company's second-quarter earnings report scheduled for July 26. UBS Sees Upside To $175 Investors remain focused on a few key factors that would support B-Dubs' growth...