Wingstop Shares Fall Nearly 8% After Analyst Cuts Price Target
Wingstop shares fell nearly 8% Wednesday after an analyst lowered his price target, amid concerns about weakening demand ahead of next week's quarterly earnings report.
By Evie LiuWingstop shares tumbled nearly 8% on Wednesday after another Wall Street analyst slashed his price target, adding to concerns about weakening demand at the chicken-wing chain ahead of its quarterly earnings report next week.The stock traded at $120 at Wednesday's close, extending its yea…