Guggenheim on watch after Wingstop upgrade

|By:, SA News Editor

Guggenheim upgrades Wingstop (NASDAQ:WING) to Buy after having the restaurant stock lined up at Hold.

The analyst team walks away from a meeting with Wingstop management confident that the restaurant chain has the right levers to pull to stoke growth.

Guggenheim's price target on Wingstop of $80 reps 23% upside potential and is well-above the all-time high for shares of $70.74.

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