TD Cowen Lowers Wingstop Rating, Flags 2026 Same-Store Sales Risk
TD Cowen moved Wingstop (WING) from Buy to Hold and reduced its price target to $285 from $310, citing a projected 0.5% decline in same-store sales for 2026 and survey signals of intensifying pressure among the brand's core consumers. The firm said expected benefits from smart kitchens, loyalty initiatives and the 2026 World Cup are unlikely to off…