5 days ago
Wingstop (WING) Receives a Buy from Wells Fargo
In a report released today, Zachary Fadem from Wells Fargo maintained a Buy rating on Wingstop (WING – Research Report), with a price target of $375.00. The company's shares opened today at $337.75.
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According to TipRanks, Fadem is a 5-star analyst with an average return of 9.8% and a 60.72% success rate. Fadem covers the Consumer Cyclical sector, focusing on stocks such as Wingstop, AutoZone, and Best Buy Co.
In addition to Wells Fargo, Wingstop also received a Buy from Truist Financial's Jake Bartlett in a report issued on May 27. However, on May 14, Truist Financial maintained a Hold rating on Wingstop (NASDAQ: WING).
The company has a one-year high of $433.86 and a one-year low of $204.00. Currently, Wingstop has an average volume of 894.6K.
Based on the recent corporate insider activity of 51 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of WING in relation to earlier this year. Earlier this month, Michael Skipworth, the President & CEO of WING sold 10,000.00 shares for a total of $3,373,343.00.
