Wunderlich Securities Has Positive Outlook on Buffalo Wild Wings

In a report published Thursday, Wunderlich Securities analyst Robert M. Derrington reiterated a Buy rating and $165.00 price target on

. In the report, Wunderlich Securities noted, “We continue to rate Buffalo Wild Wings (BWLD) as Buy, reflecting its strong domestic and international growth prospects and its much-better-than-most-peers revenue, SSS, and EPS growth. Combined, we believe B-dubs retains one of the stronger growth profiles of companies in our universe. Yesterday at the company's Analyst Day in NYC, management presented its case to maintain its strong growth profile as it intends to grow to 3,000 domestic, international, and emerging fast casual locations. Nearer term, management reaffirmed its 2014 guidance including EPS growth of over 20%. With early SSS in Q114 off to a strong start (co 4.8%, franch 2.1%) combined with recent March Madness momentum, we project Q114 EPS up 53% to $1.33, 2014 EPS growth of 27% to $4.80, and we reiterate our Buy rating.” Buffalo Wild Wings closed on Wednesday at $145.99.